ExtremeLtd Balance Sheet Health
Financial Health criteria checks 5/6
ExtremeLtd has a total shareholder equity of ¥5.8B and total debt of ¥902.0M, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are ¥8.5B and ¥2.7B respectively. ExtremeLtd's EBIT is ¥1.1B making its interest coverage ratio -10. It has cash and short-term investments of ¥4.1B.
Key information
15.5%
Debt to equity ratio
JP¥902.00m
Debt
Interest coverage ratio | -10x |
Cash | JP¥4.14b |
Equity | JP¥5.82b |
Total liabilities | JP¥2.67b |
Total assets | JP¥8.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6033's short term assets (¥6.2B) exceed its short term liabilities (¥2.6B).
Long Term Liabilities: 6033's short term assets (¥6.2B) exceed its long term liabilities (¥45.0M).
Debt to Equity History and Analysis
Debt Level: 6033 has more cash than its total debt.
Reducing Debt: 6033's debt to equity ratio has increased from 14.8% to 15.5% over the past 5 years.
Debt Coverage: 6033's debt is well covered by operating cash flow (84.4%).
Interest Coverage: 6033 earns more interest than it pays, so coverage of interest payments is not a concern.