Eiken Chemical Balance Sheet Health
Financial Health criteria checks 5/6
Eiken Chemical has a total shareholder equity of ¥50.3B and total debt of ¥3.0B, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are ¥65.2B and ¥14.9B respectively. Eiken Chemical's EBIT is ¥3.9B making its interest coverage ratio 775. It has cash and short-term investments of ¥17.7B.
Key information
6.0%
Debt to equity ratio
JP¥3.00b
Debt
Interest coverage ratio | 775x |
Cash | JP¥17.73b |
Equity | JP¥50.27b |
Total liabilities | JP¥14.93b |
Total assets | JP¥65.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4549's short term assets (¥39.7B) exceed its short term liabilities (¥10.6B).
Long Term Liabilities: 4549's short term assets (¥39.7B) exceed its long term liabilities (¥4.3B).
Debt to Equity History and Analysis
Debt Level: 4549 has more cash than its total debt.
Reducing Debt: 4549's debt to equity ratio has increased from 0% to 6% over the past 5 years.
Debt Coverage: 4549's debt is well covered by operating cash flow (175.7%).
Interest Coverage: 4549's interest payments on its debt are well covered by EBIT (775x coverage).