EnchoLtd Balance Sheet Health
Financial Health criteria checks 2/6
EnchoLtd has a total shareholder equity of ¥9.3B and total debt of ¥17.2B, which brings its debt-to-equity ratio to 184.8%. Its total assets and total liabilities are ¥36.5B and ¥27.2B respectively. EnchoLtd's EBIT is ¥205.0M making its interest coverage ratio 2.4. It has cash and short-term investments of ¥2.1B.
Key information
184.8%
Debt to equity ratio
JP¥17.20b
Debt
| Interest coverage ratio | 2.4x |
| Cash | JP¥2.09b |
| Equity | JP¥9.31b |
| Total liabilities | JP¥27.24b |
| Total assets | JP¥36.55b |
Recent financial health updates
Recent updates
Here's Why EnchoLtd (TYO:8208) Has A Meaningful Debt Burden
Mar 10
Can Encho Co.,Ltd. (TYO:8208) Improve Its Returns?
Feb 18If You Had Bought EnchoLtd (TYO:8208) Shares Five Years Ago You'd Have Earned 48% Returns
Jan 28Read This Before Buying Encho Co.,Ltd. (TYO:8208) For Its Dividend
Jan 08What We Make Of EnchoLtd's (TYO:8208) Returns On Capital
Dec 24
Should You Rely On EnchoLtd's (TYO:8208) Earnings Growth?
Dec 09What Encho Co.,Ltd.'s (TYO:8208) P/E Is Not Telling You
Nov 17Financial Position Analysis
Short Term Liabilities: 8208's short term assets (¥14.1B) do not cover its short term liabilities (¥16.4B).
Long Term Liabilities: 8208's short term assets (¥14.1B) exceed its long term liabilities (¥10.8B).
Debt to Equity History and Analysis
Debt Level: 8208's net debt to equity ratio (162.4%) is considered high.
Reducing Debt: 8208's debt to equity ratio has reduced from 188.6% to 184.8% over the past 5 years.
Debt Coverage: 8208's debt is not well covered by operating cash flow (2.7%).
Interest Coverage: 8208's interest payments on its debt are not well covered by EBIT (2.4x coverage).