EDION Balance Sheet Health
Financial Health criteria checks 3/6
EDION has a total shareholder equity of ¥208.7B and total debt of ¥97.6B, which brings its debt-to-equity ratio to 46.8%. Its total assets and total liabilities are ¥446.2B and ¥237.5B respectively. EDION's EBIT is ¥17.2B making its interest coverage ratio 218.3. It has cash and short-term investments of ¥13.6B.
Key information
46.8%
Debt to equity ratio
JP¥97.58b
Debt
Interest coverage ratio | 218.3x |
Cash | JP¥13.64b |
Equity | JP¥208.66b |
Total liabilities | JP¥237.52b |
Total assets | JP¥446.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2730's short term assets (¥203.8B) exceed its short term liabilities (¥168.4B).
Long Term Liabilities: 2730's short term assets (¥203.8B) exceed its long term liabilities (¥69.1B).
Debt to Equity History and Analysis
Debt Level: 2730's net debt to equity ratio (40.2%) is considered high.
Reducing Debt: 2730's debt to equity ratio has increased from 36.4% to 46.8% over the past 5 years.
Debt Coverage: 2730's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: 2730's interest payments on its debt are well covered by EBIT (218.3x coverage).