Econach HoldingsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Econach HoldingsLtd has a total shareholder equity of ¥4.7B and total debt of ¥838.0M, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are ¥6.0B and ¥1.3B respectively. Econach HoldingsLtd's EBIT is ¥154.0M making its interest coverage ratio 15.4. It has cash and short-term investments of ¥1.1B.
Key information
17.9%
Debt to equity ratio
JP¥838.00m
Debt
Interest coverage ratio | 15.4x |
Cash | JP¥1.12b |
Equity | JP¥4.67b |
Total liabilities | JP¥1.31b |
Total assets | JP¥5.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3521's short term assets (¥1.2B) exceed its short term liabilities (¥440.0M).
Long Term Liabilities: 3521's short term assets (¥1.2B) exceed its long term liabilities (¥865.0M).
Debt to Equity History and Analysis
Debt Level: 3521 has more cash than its total debt.
Reducing Debt: 3521's debt to equity ratio has reduced from 29.3% to 17.9% over the past 5 years.
Debt Coverage: 3521's debt is well covered by operating cash flow (29.4%).
Interest Coverage: 3521's interest payments on its debt are well covered by EBIT (15.4x coverage).