Elematec Balance Sheet Health
Financial Health criteria checks 4/6
Elematec has a total shareholder equity of ¥69.8B and total debt of ¥242.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ¥114.3B and ¥44.5B respectively. Elematec's EBIT is ¥9.5B making its interest coverage ratio 18.1. It has cash and short-term investments of ¥34.4B.
Key information
0.3%
Debt to equity ratio
JP¥242.00m
Debt
| Interest coverage ratio | 18.1x |
| Cash | JP¥34.42b |
| Equity | JP¥69.78b |
| Total liabilities | JP¥44.52b |
| Total assets | JP¥114.30b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2715's short term assets (¥105.4B) exceed its short term liabilities (¥41.6B).
Long Term Liabilities: 2715's short term assets (¥105.4B) exceed its long term liabilities (¥3.0B).
Debt to Equity History and Analysis
Debt Level: 2715 has more cash than its total debt.
Reducing Debt: 2715's debt to equity ratio has increased from 0.2% to 0.3% over the past 5 years.
Debt Coverage: 2715's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2715's interest payments on its debt are well covered by EBIT (18.1x coverage).