EBARA Foods IndustryInc Balance Sheet Health
Financial Health criteria checks 5/6
EBARA Foods IndustryInc has a total shareholder equity of ¥33.6B and total debt of ¥558.0M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are ¥49.2B and ¥15.6B respectively. EBARA Foods IndustryInc's EBIT is ¥2.3B making its interest coverage ratio -32.5. It has cash and short-term investments of ¥15.6B.
Key information
1.7%
Debt to equity ratio
JP¥558.00m
Debt
| Interest coverage ratio | -32.5x |
| Cash | JP¥15.58b |
| Equity | JP¥33.56b |
| Total liabilities | JP¥15.61b |
| Total assets | JP¥49.16b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2819's short term assets (¥28.8B) exceed its short term liabilities (¥11.0B).
Long Term Liabilities: 2819's short term assets (¥28.8B) exceed its long term liabilities (¥4.6B).
Debt to Equity History and Analysis
Debt Level: 2819 has more cash than its total debt.
Reducing Debt: 2819's debt to equity ratio has increased from 0.3% to 1.7% over the past 5 years.
Debt Coverage: 2819's debt is well covered by operating cash flow (947.1%).
Interest Coverage: 2819 earns more interest than it pays, so coverage of interest payments is not a concern.