Ezaki Glico Balance Sheet Health
Financial Health criteria checks 6/6
Ezaki Glico has a total shareholder equity of ¥265.4B and total debt of ¥30.0B, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are ¥401.8B and ¥136.4B respectively. Ezaki Glico's EBIT is ¥16.5B making its interest coverage ratio -14.4. It has cash and short-term investments of ¥97.6B.
Key information
11.3%
Debt to equity ratio
JP¥30.01b
Debt
Interest coverage ratio | -14.4x |
Cash | JP¥97.61b |
Equity | JP¥265.41b |
Total liabilities | JP¥136.38b |
Total assets | JP¥401.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EZKG.F's short term assets (¥195.5B) exceed its short term liabilities (¥119.5B).
Long Term Liabilities: EZKG.F's short term assets (¥195.5B) exceed its long term liabilities (¥16.8B).
Debt to Equity History and Analysis
Debt Level: EZKG.F has more cash than its total debt.
Reducing Debt: EZKG.F's debt to equity ratio has reduced from 13.6% to 11.3% over the past 5 years.
Debt Coverage: EZKG.F's debt is well covered by operating cash flow (67.7%).
Interest Coverage: EZKG.F earns more interest than it pays, so coverage of interest payments is not a concern.