Ebrains Balance Sheet Health
Financial Health criteria checks 6/6
Ebrains has a total shareholder equity of ¥4.5B and total debt of ¥31.0M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ¥5.6B and ¥1.2B respectively. Ebrains's EBIT is ¥584.0M making its interest coverage ratio -584. It has cash and short-term investments of ¥2.1B.
Key information
0.7%
Debt to equity ratio
JP¥31.00m
Debt
Interest coverage ratio | -584x |
Cash | JP¥2.11b |
Equity | JP¥4.46b |
Total liabilities | JP¥1.15b |
Total assets | JP¥5.61b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6599's short term assets (¥4.3B) exceed its short term liabilities (¥748.0M).
Long Term Liabilities: 6599's short term assets (¥4.3B) exceed its long term liabilities (¥403.0M).
Debt to Equity History and Analysis
Debt Level: 6599 has more cash than its total debt.
Reducing Debt: 6599's debt to equity ratio has reduced from 7.3% to 0.7% over the past 5 years.
Debt Coverage: 6599's debt is well covered by operating cash flow (1180.6%).
Interest Coverage: 6599 earns more interest than it pays, so coverage of interest payments is not a concern.