Excite Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Excite Holdings has a total shareholder equity of ¥3.4B and total debt of ¥1.1B, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are ¥5.9B and ¥2.5B respectively. Excite Holdings's EBIT is ¥641.0M making its interest coverage ratio 320.5. It has cash and short-term investments of ¥2.1B.
Key information
34.0%
Debt to equity ratio
JP¥1.14b
Debt
| Interest coverage ratio | 320.5x |
| Cash | JP¥2.06b |
| Equity | JP¥3.36b |
| Total liabilities | JP¥2.50b |
| Total assets | JP¥5.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5571's short term assets (¥3.4B) exceed its short term liabilities (¥2.5B).
Long Term Liabilities: 5571 has no long term liabilities.
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 (75.8%).
Interest Coverage: 5571's interest payments on its debt are well covered by EBIT (320.5x coverage).