Early Age Balance Sheet Health
Financial Health criteria checks 3/6
Early Age has a total shareholder equity of ¥4.1B and total debt of ¥8.6B, which brings its debt-to-equity ratio to 208%. Its total assets and total liabilities are ¥13.5B and ¥9.3B respectively. Early Age's EBIT is ¥511.0M making its interest coverage ratio 7.2. It has cash and short-term investments of ¥781.0M.
Key information
208.0%
Debt to equity ratio
JP¥8.57b
Debt
Interest coverage ratio | 7.2x |
Cash | JP¥781.00m |
Equity | JP¥4.12b |
Total liabilities | JP¥9.34b |
Total assets | JP¥13.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3248's short term assets (¥3.4B) exceed its short term liabilities (¥1.8B).
Long Term Liabilities: 3248's short term assets (¥3.4B) do not cover its long term liabilities (¥7.5B).
Debt to Equity History and Analysis
Debt Level: 3248's net debt to equity ratio (189%) is considered high.
Reducing Debt: 3248's debt to equity ratio has reduced from 210.7% to 208% over the past 5 years.
Debt Coverage: 3248's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: 3248's interest payments on its debt are well covered by EBIT (7.2x coverage).