EnomotoLtd Balance Sheet Health
Financial Health criteria checks 5/6
EnomotoLtd has a total shareholder equity of ¥21.4B and total debt of ¥3.0B, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are ¥33.2B and ¥11.8B respectively. EnomotoLtd's EBIT is ¥281.0M making its interest coverage ratio -20.1. It has cash and short-term investments of ¥4.8B.
Key information
14.1%
Debt to equity ratio
JP¥3.02b
Debt
Interest coverage ratio | -20.1x |
Cash | JP¥4.81b |
Equity | JP¥21.43b |
Total liabilities | JP¥11.78b |
Total assets | JP¥33.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6928's short term assets (¥18.0B) exceed its short term liabilities (¥8.9B).
Long Term Liabilities: 6928's short term assets (¥18.0B) exceed its long term liabilities (¥2.9B).
Debt to Equity History and Analysis
Debt Level: 6928 has more cash than its total debt.
Reducing Debt: 6928's debt to equity ratio has increased from 6.9% to 14.1% over the past 5 years.
Debt Coverage: 6928's debt is well covered by operating cash flow (52%).
Interest Coverage: 6928 earns more interest than it pays, so coverage of interest payments is not a concern.