Elematec Balance Sheet Health
Financial Health criteria checks 5/6
Elematec has a total shareholder equity of ¥69.5B and total debt of ¥296.0M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ¥115.7B and ¥46.2B respectively. Elematec's EBIT is ¥8.4B making its interest coverage ratio -168.6. It has cash and short-term investments of ¥42.1B.
Key information
0.4%
Debt to equity ratio
JP¥296.00m
Debt
Interest coverage ratio | -168.6x |
Cash | JP¥42.14b |
Equity | JP¥69.53b |
Total liabilities | JP¥46.20b |
Total assets | JP¥115.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2715's short term assets (¥108.1B) exceed its short term liabilities (¥43.9B).
Long Term Liabilities: 2715's short term assets (¥108.1B) exceed its long term liabilities (¥2.3B).
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 0.4% over the past 5 years.
Debt Coverage: 2715's debt is well covered by operating cash flow (3238.2%).
Interest Coverage: 2715 earns more interest than it pays, so coverage of interest payments is not a concern.