Espec Balance Sheet Health
Financial Health criteria checks 5/6
Espec has a total shareholder equity of ¥49.5B and total debt of ¥2.7B, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are ¥71.6B and ¥22.1B respectively. Espec's EBIT is ¥6.2B making its interest coverage ratio -35.6. It has cash and short-term investments of ¥13.8B.
Key information
5.5%
Debt to equity ratio
JP¥2.74b
Debt
Interest coverage ratio | -35.6x |
Cash | JP¥13.82b |
Equity | JP¥49.49b |
Total liabilities | JP¥22.15b |
Total assets | JP¥71.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6859's short term assets (¥49.1B) exceed its short term liabilities (¥19.2B).
Long Term Liabilities: 6859's short term assets (¥49.1B) exceed its long term liabilities (¥2.9B).
Debt to Equity History and Analysis
Debt Level: 6859 has more cash than its total debt.
Reducing Debt: 6859's debt to equity ratio has increased from 0% to 5.5% over the past 5 years.
Debt Coverage: 6859's debt is well covered by operating cash flow (34.8%).
Interest Coverage: 6859 earns more interest than it pays, so coverage of interest payments is not a concern.