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Shin-Etsu Chemical Balance Sheet Health
Financial Health criteria checks 5/6
Key information
0.8%
Debt to equity ratio
JP¥32.19b
Debt
Interest coverage ratio | -2039.1x |
Cash | JP¥1.53t |
Equity | JP¥3.90t |
Total liabilities | JP¥711.01b |
Total assets | JP¥4.61t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHIN's short term assets (¥2,784.5B) exceed its short term liabilities (¥533.8B).
Long Term Liabilities: SHIN's short term assets (¥2,784.5B) exceed its long term liabilities (¥177.2B).
Debt to Equity History and Analysis
Debt Level: SHIN has more cash than its total debt.
Reducing Debt: SHIN's debt to equity ratio has increased from 0.7% to 0.8% over the past 5 years.
Debt Coverage: SHIN's debt is well covered by operating cash flow (2037.8%).
Interest Coverage: SHIN earns more interest than it pays, so coverage of interest payments is not a concern.