Elitz Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Elitz Holdings has a total shareholder equity of ¥4.7B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 40.9%. Its total assets and total liabilities are ¥9.1B and ¥4.3B respectively. Elitz Holdings's EBIT is ¥968.0M making its interest coverage ratio 64.5. It has cash and short-term investments of ¥4.2B.
Key information
40.9%
Debt to equity ratio
JP¥1.94b
Debt
| Interest coverage ratio | 64.5x |
| Cash | JP¥4.20b |
| Equity | JP¥4.74b |
| Total liabilities | JP¥4.34b |
| Total assets | JP¥9.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5533's short term assets (¥5.4B) exceed its short term liabilities (¥2.3B).
Long Term Liabilities: 5533's short term assets (¥5.4B) exceed its long term liabilities (¥2.0B).
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 (37.1%).
Interest Coverage: 5533's interest payments on its debt are well covered by EBIT (64.5x coverage).