eREXLtd Balance Sheet Health
Financial Health criteria checks 6/6
eREXLtd has a total shareholder equity of ¥69.9B and total debt of ¥44.6B, which brings its debt-to-equity ratio to 63.7%. Its total assets and total liabilities are ¥141.2B and ¥71.2B respectively. eREXLtd's EBIT is ¥5.8B making its interest coverage ratio 40. It has cash and short-term investments of ¥17.5B.
Key information
63.7%
Debt to equity ratio
JP¥44.56b
Debt
Interest coverage ratio | 40x |
Cash | JP¥17.46b |
Equity | JP¥69.94b |
Total liabilities | JP¥71.24b |
Total assets | JP¥141.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ERXC.F's short term assets (¥60.9B) exceed its short term liabilities (¥32.9B).
Long Term Liabilities: ERXC.F's short term assets (¥60.9B) exceed its long term liabilities (¥38.3B).
Debt to Equity History and Analysis
Debt Level: ERXC.F's net debt to equity ratio (38.8%) is considered satisfactory.
Reducing Debt: ERXC.F's debt to equity ratio has reduced from 143.9% to 63.7% over the past 5 years.
Debt Coverage: ERXC.F's debt is well covered by operating cash flow (48.2%).
Interest Coverage: ERXC.F's interest payments on its debt are well covered by EBIT (40x coverage).