Early Age Balance Sheet Health
Financial Health criteria checks 4/6
Early Age has a total shareholder equity of ¥4.5B and total debt of ¥8.6B, which brings its debt-to-equity ratio to 189%. Its total assets and total liabilities are ¥14.2B and ¥9.7B respectively. Early Age's EBIT is ¥962.0M making its interest coverage ratio 13.4. It has cash and short-term investments of ¥2.0B.
Key information
189.0%
Debt to equity ratio
JP¥8.59b
Debt
| Interest coverage ratio | 13.4x |
| Cash | JP¥2.02b |
| Equity | JP¥4.55b |
| Total liabilities | JP¥9.67b |
| Total assets | JP¥14.21b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3248's short term assets (¥3.5B) exceed its short term liabilities (¥1.4B).
Long Term Liabilities: 3248's short term assets (¥3.5B) do not cover its long term liabilities (¥8.3B).
Debt to Equity History and Analysis
Debt Level: 3248's net debt to equity ratio (144.6%) is considered high.
Reducing Debt: 3248's debt to equity ratio has reduced from 221.4% to 189% over the past 5 years.
Debt Coverage: 3248's debt is well covered by operating cash flow (26.4%).
Interest Coverage: 3248's interest payments on its debt are well covered by EBIT (13.4x coverage).