Ekitan Balance Sheet Health
Financial Health criteria checks 4/6
Ekitan has a total shareholder equity of ¥1.7B and total debt of ¥335.0M, which brings its debt-to-equity ratio to 19.8%. Its total assets and total liabilities are ¥2.7B and ¥989.0M respectively.
Key information
19.8%
Debt to equity ratio
JP¥335.00m
Debt
Interest coverage ratio | n/a |
Cash | JP¥1.38b |
Equity | JP¥1.69b |
Total liabilities | JP¥989.00m |
Total assets | JP¥2.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3646's short term assets (¥2.0B) exceed its short term liabilities (¥641.0M).
Long Term Liabilities: 3646's short term assets (¥2.0B) exceed its long term liabilities (¥348.0M).
Debt to Equity History and Analysis
Debt Level: 3646 has more cash than its total debt.
Reducing Debt: 3646's debt to equity ratio has increased from 0.7% to 19.8% over the past 5 years.
Debt Coverage: 3646's debt is well covered by operating cash flow (26.9%).
Interest Coverage: Insufficient data to determine if 3646's interest payments on its debt are well covered by EBIT.