Gunze Balance Sheet Health
Financial Health criteria checks 6/6
Gunze has a total shareholder equity of ¥121.3B and total debt of ¥12.4B, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are ¥166.4B and ¥45.1B respectively. Gunze's EBIT is ¥7.2B making its interest coverage ratio -59. It has cash and short-term investments of ¥11.2B.
Key information
10.2%
Debt to equity ratio
JP¥12.38b
Debt
Interest coverage ratio | -59x |
Cash | JP¥11.24b |
Equity | JP¥121.34b |
Total liabilities | JP¥45.08b |
Total assets | JP¥166.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GUN's short term assets (¥84.2B) exceed its short term liabilities (¥27.4B).
Long Term Liabilities: GUN's short term assets (¥84.2B) exceed its long term liabilities (¥17.7B).
Debt to Equity History and Analysis
Debt Level: GUN's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: GUN's debt to equity ratio has reduced from 26.7% to 10.2% over the past 5 years.
Debt Coverage: GUN's debt is well covered by operating cash flow (59.7%).
Interest Coverage: GUN earns more interest than it pays, so coverage of interest payments is not a concern.