Earth Balance Sheet Health
Financial Health criteria checks 6/6
Earth has a total shareholder equity of ¥75.7B and total debt of ¥1,000.0M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are ¥141.5B and ¥65.8B respectively. Earth's EBIT is ¥7.8B making its interest coverage ratio -31. It has cash and short-term investments of ¥20.8B.
Key information
1.3%
Debt to equity ratio
JP¥1.00b
Debt
| Interest coverage ratio | -31x |
| Cash | JP¥20.79b |
| Equity | JP¥75.70b |
| Total liabilities | JP¥65.79b |
| Total assets | JP¥141.49b |
Financial Position Analysis
Short Term Liabilities: 4985's short term assets (¥81.1B) exceed its short term liabilities (¥63.2B).
Long Term Liabilities: 4985's short term assets (¥81.1B) exceed its long term liabilities (¥2.5B).
Debt to Equity History and Analysis
Debt Level: 4985 has more cash than its total debt.
Reducing Debt: 4985's debt to equity ratio has reduced from 30.7% to 1.3% over the past 5 years.
Debt Coverage: 4985's debt is well covered by operating cash flow (1838.7%).
Interest Coverage: 4985 earns more interest than it pays, so coverage of interest payments is not a concern.