Ezaki Glico Balance Sheet Health
Financial Health criteria checks 6/6
Ezaki Glico has a total shareholder equity of ¥263.1B and total debt of ¥30.0B, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are ¥395.7B and ¥132.6B respectively. Ezaki Glico's EBIT is ¥18.5B making its interest coverage ratio -15.9. It has cash and short-term investments of ¥97.2B.
Key information
11.4%
Debt to equity ratio
JP¥30.00b
Debt
Interest coverage ratio | -15.9x |
Cash | JP¥97.20b |
Equity | JP¥263.12b |
Total liabilities | JP¥132.63b |
Total assets | JP¥395.74b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2206's short term assets (¥188.5B) exceed its short term liabilities (¥116.0B).
Long Term Liabilities: 2206's short term assets (¥188.5B) exceed its long term liabilities (¥16.6B).
Debt to Equity History and Analysis
Debt Level: 2206 has more cash than its total debt.
Reducing Debt: 2206's debt to equity ratio has reduced from 13.8% to 11.4% over the past 5 years.
Debt Coverage: 2206's debt is well covered by operating cash flow (93.5%).
Interest Coverage: 2206 earns more interest than it pays, so coverage of interest payments is not a concern.