DrecomLtd Balance Sheet Health
Financial Health criteria checks 5/6
DrecomLtd has a total shareholder equity of ¥5.7B and total debt of ¥5.5B, which brings its debt-to-equity ratio to 97.1%. Its total assets and total liabilities are ¥13.5B and ¥7.8B respectively. DrecomLtd's EBIT is ¥970.0M making its interest coverage ratio 25.5. It has cash and short-term investments of ¥5.5B.
Key information
97.1%
Debt to equity ratio
JP¥5.49b
Debt
Interest coverage ratio | 25.5x |
Cash | JP¥5.49b |
Equity | JP¥5.65b |
Total liabilities | JP¥7.83b |
Total assets | JP¥13.49b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3793's short term assets (¥8.0B) exceed its short term liabilities (¥4.2B).
Long Term Liabilities: 3793's short term assets (¥8.0B) exceed its long term liabilities (¥3.6B).
Debt to Equity History and Analysis
Debt Level: 3793's net debt to equity ratio (0.04%) is considered satisfactory.
Reducing Debt: 3793's debt to equity ratio has reduced from 196.4% to 97.1% over the past 5 years.
Debt Coverage: 3793's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: 3793's interest payments on its debt are well covered by EBIT (25.5x coverage).