Earth Balance Sheet Health
Financial Health criteria checks 6/6
Earth has a total shareholder equity of ¥73.6B and total debt of ¥14.0B, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are ¥145.0B and ¥71.4B respectively. Earth's EBIT is ¥5.8B making its interest coverage ratio -21.7. It has cash and short-term investments of ¥14.6B.
Key information
19.0%
Debt to equity ratio
JP¥14.00b
Debt
Interest coverage ratio | -21.7x |
Cash | JP¥14.60b |
Equity | JP¥73.59b |
Total liabilities | JP¥71.40b |
Total assets | JP¥144.99b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4985's short term assets (¥85.8B) exceed its short term liabilities (¥68.7B).
Long Term Liabilities: 4985's short term assets (¥85.8B) exceed its long term liabilities (¥2.7B).
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 76.7% to 19% over the past 5 years.
Debt Coverage: 4985's debt is well covered by operating cash flow (53.7%).
Interest Coverage: 4985 earns more interest than it pays, so coverage of interest payments is not a concern.