Eiwa Balance Sheet Health
Financial Health criteria checks 6/6
Eiwa has a total shareholder equity of ¥15.8B and total debt of ¥381.0M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are ¥29.4B and ¥13.6B respectively. Eiwa's EBIT is ¥2.5B making its interest coverage ratio -102.3. It has cash and short-term investments of ¥6.2B.
Key information
2.4%
Debt to equity ratio
JP¥381.00m
Debt
| Interest coverage ratio | -102.3x |
| Cash | JP¥6.16b |
| Equity | JP¥15.80b |
| Total liabilities | JP¥13.56b |
| Total assets | JP¥29.36b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9857's short term assets (¥25.0B) exceed its short term liabilities (¥13.3B).
Long Term Liabilities: 9857's short term assets (¥25.0B) exceed its long term liabilities (¥241.0M).
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 8.3% to 2.4% over the past 5 years.
Debt Coverage: 9857's debt is well covered by operating cash flow (179.3%).
Interest Coverage: 9857 earns more interest than it pays, so coverage of interest payments is not a concern.