EnomotoLtd Balance Sheet Health
Financial Health criteria checks 5/6
EnomotoLtd has a total shareholder equity of ¥22.4B and total debt of ¥3.2B, which brings its debt-to-equity ratio to 14.4%. Its total assets and total liabilities are ¥35.2B and ¥12.8B respectively. EnomotoLtd's EBIT is ¥377.0M making its interest coverage ratio -7.1. It has cash and short-term investments of ¥5.3B.
Key information
14.4%
Debt to equity ratio
JP¥3.21b
Debt
| Interest coverage ratio | -7.1x |
| Cash | JP¥5.25b |
| Equity | JP¥22.35b |
| Total liabilities | JP¥12.84b |
| Total assets | JP¥35.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6928's short term assets (¥19.5B) exceed its short term liabilities (¥10.1B).
Long Term Liabilities: 6928's short term assets (¥19.5B) exceed its long term liabilities (¥2.7B).
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 9.2% to 14.4% over the past 5 years.
Debt Coverage: 6928's debt is well covered by operating cash flow (96%).
Interest Coverage: 6928 earns more interest than it pays, so coverage of interest payments is not a concern.