Excite Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Excite Holdings has a total shareholder equity of ¥3.5B and total debt of ¥1.0B, which brings its debt-to-equity ratio to 30.3%. Its total assets and total liabilities are ¥6.1B and ¥2.7B respectively. Excite Holdings's EBIT is ¥513.0M making its interest coverage ratio 256.5. It has cash and short-term investments of ¥2.7B.
Key information
30.3%
Debt to equity ratio
JP¥1.05b
Debt
Interest coverage ratio | 256.5x |
Cash | JP¥2.69b |
Equity | JP¥3.45b |
Total liabilities | JP¥2.67b |
Total assets | JP¥6.12b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5571's short term assets (¥4.1B) exceed its short term liabilities (¥1.6B).
Long Term Liabilities: 5571's short term assets (¥4.1B) exceed its long term liabilities (¥1.0B).
Debt to Equity History and Analysis
Debt Level: 5571 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 5571's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 5571's debt is well covered by operating cash flow (65.8%).
Interest Coverage: 5571's interest payments on its debt are well covered by EBIT (256.5x coverage).