Elitz Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Elitz Holdings has a total shareholder equity of ¥4.0B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 46.4%. Its total assets and total liabilities are ¥8.1B and ¥4.0B respectively. Elitz Holdings's EBIT is ¥793.5M making its interest coverage ratio 54.7. It has cash and short-term investments of ¥3.5B.
Key information
46.4%
Debt to equity ratio
JP¥1.88b
Debt
Interest coverage ratio | 54.7x |
Cash | JP¥3.52b |
Equity | JP¥4.05b |
Total liabilities | JP¥4.04b |
Total assets | JP¥8.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5533's short term assets (¥4.6B) exceed its short term liabilities (¥2.1B).
Long Term Liabilities: 5533's short term assets (¥4.6B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 5533 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 5533's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 5533's debt is well covered by operating cash flow (47.4%).
Interest Coverage: 5533's interest payments on its debt are well covered by EBIT (54.7x coverage).