Eiwa Balance Sheet Health
Financial Health criteria checks 6/6
Eiwa has a total shareholder equity of ¥16.1B and total debt of ¥350.0M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are ¥30.1B and ¥14.0B respectively. Eiwa's EBIT is ¥2.5B making its interest coverage ratio -105. It has cash and short-term investments of ¥7.6B.
Key information
2.2%
Debt to equity ratio
JP¥350.00m
Debt
| Interest coverage ratio | -105x |
| Cash | JP¥7.56b |
| Equity | JP¥16.13b |
| Total liabilities | JP¥13.97b |
| Total assets | JP¥30.10b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9857's short term assets (¥25.6B) exceed its short term liabilities (¥13.8B).
Long Term Liabilities: 9857's short term assets (¥25.6B) exceed its long term liabilities (¥173.0M).
Debt to Equity History and Analysis
Debt Level: 9857 has more cash than its total debt.
Reducing Debt: 9857's debt to equity ratio has reduced from 7.6% to 2.2% over the past 5 years.
Debt Coverage: 9857's debt is well covered by operating cash flow (671.1%).
Interest Coverage: 9857 earns more interest than it pays, so coverage of interest payments is not a concern.