Elecom Balance Sheet Health
Financial Health criteria checks 6/6
Elecom has a total shareholder equity of ¥82.0B and total debt of ¥500.0M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ¥111.2B and ¥29.2B respectively. Elecom's EBIT is ¥11.4B making its interest coverage ratio -15.5. It has cash and short-term investments of ¥46.5B.
Key information
0.6%
Debt to equity ratio
JP¥500.00m
Debt
Interest coverage ratio | -15.5x |
Cash | JP¥46.46b |
Equity | JP¥81.96b |
Total liabilities | JP¥29.21b |
Total assets | JP¥111.17b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6750's short term assets (¥90.0B) exceed its short term liabilities (¥26.3B).
Long Term Liabilities: 6750's short term assets (¥90.0B) exceed its long term liabilities (¥2.9B).
Debt to Equity History and Analysis
Debt Level: 6750 has more cash than its total debt.
Reducing Debt: 6750's debt to equity ratio has reduced from 8.5% to 0.6% over the past 5 years.
Debt Coverage: 6750's debt is well covered by operating cash flow (2312%).
Interest Coverage: 6750 earns more interest than it pays, so coverage of interest payments is not a concern.