Elecom Balance Sheet Health
Financial Health criteria checks 6/6
Elecom has a total shareholder equity of ¥81.2B and total debt of ¥500.0M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ¥106.8B and ¥25.6B respectively. Elecom's EBIT is ¥11.3B making its interest coverage ratio -31. It has cash and short-term investments of ¥55.1B.
Key information
0.6%
Debt to equity ratio
JP¥500.00m
Debt
| Interest coverage ratio | -31x |
| Cash | JP¥55.11b |
| Equity | JP¥81.20b |
| Total liabilities | JP¥25.64b |
| Total assets | JP¥106.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELCM.F's short term assets (¥90.7B) exceed its short term liabilities (¥23.4B).
Long Term Liabilities: ELCM.F's short term assets (¥90.7B) exceed its long term liabilities (¥2.3B).
Debt to Equity History and Analysis
Debt Level: ELCM.F has more cash than its total debt.
Reducing Debt: ELCM.F's debt to equity ratio has reduced from 29.3% to 0.6% over the past 5 years.
Debt Coverage: ELCM.F's debt is well covered by operating cash flow (1832.2%).
Interest Coverage: ELCM.F earns more interest than it pays, so coverage of interest payments is not a concern.