Star Micronics Balance Sheet Health
Financial Health criteria checks 6/6
Star Micronics has a total shareholder equity of ¥79.7B and total debt of ¥18.0M, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are ¥96.4B and ¥16.7B respectively. Star Micronics's EBIT is ¥4.5B making its interest coverage ratio -14.8. It has cash and short-term investments of ¥28.9B.
Key information
0.02%
Debt to equity ratio
JP¥18.00m
Debt
| Interest coverage ratio | -14.8x |
| Cash | JP¥28.92b |
| Equity | JP¥79.71b |
| Total liabilities | JP¥16.66b |
| Total assets | JP¥96.37b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 2ZN's short term assets (¥75.4B) exceed its short term liabilities (¥14.6B).
Long Term Liabilities: 2ZN's short term assets (¥75.4B) exceed its long term liabilities (¥2.1B).
Debt to Equity History and Analysis
Debt Level: 2ZN has more cash than its total debt.
Reducing Debt: 2ZN's debt to equity ratio has reduced from 21% to 0.02% over the past 5 years.
Debt Coverage: 2ZN's debt is well covered by operating cash flow (60061.1%).
Interest Coverage: 2ZN earns more interest than it pays, so coverage of interest payments is not a concern.