Shofu Balance Sheet Health
Financial Health criteria checks 6/6
Shofu has a total shareholder equity of ¥41.6B and total debt of ¥200.0M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ¥48.8B and ¥7.2B respectively. Shofu's EBIT is ¥5.6B making its interest coverage ratio -21.9. It has cash and short-term investments of ¥9.5B.
Key information
0.5%
Debt to equity ratio
JP¥200.00m
Debt
| Interest coverage ratio | -21.9x |
| Cash | JP¥9.46b |
| Equity | JP¥41.60b |
| Total liabilities | JP¥7.16b |
| Total assets | JP¥48.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 69W's short term assets (¥26.2B) exceed its short term liabilities (¥5.2B).
Long Term Liabilities: 69W's short term assets (¥26.2B) exceed its long term liabilities (¥2.0B).
Debt to Equity History and Analysis
Debt Level: 69W has more cash than its total debt.
Reducing Debt: 69W's debt to equity ratio has reduced from 5.6% to 0.5% over the past 5 years.
Debt Coverage: 69W's debt is well covered by operating cash flow (1544.5%).
Interest Coverage: 69W earns more interest than it pays, so coverage of interest payments is not a concern.