UBE Balance Sheet Health
Financial Health criteria checks 3/6
UBE has a total shareholder equity of ¥420.4B and total debt of ¥234.5B, which brings its debt-to-equity ratio to 55.8%. Its total assets and total liabilities are ¥796.2B and ¥375.8B respectively. UBE's EBIT is ¥23.3B making its interest coverage ratio -8.3. It has cash and short-term investments of ¥30.0B.
Key information
55.8%
Debt to equity ratio
JP¥234.52b
Debt
| Interest coverage ratio | -8.3x |
| Cash | JP¥29.97b |
| Equity | JP¥420.38b |
| Total liabilities | JP¥375.77b |
| Total assets | JP¥796.15b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UBE's short term assets (¥286.7B) exceed its short term liabilities (¥190.1B).
Long Term Liabilities: UBE's short term assets (¥286.7B) exceed its long term liabilities (¥185.7B).
Debt to Equity History and Analysis
Debt Level: UBE's net debt to equity ratio (48.7%) is considered high.
Reducing Debt: UBE's debt to equity ratio has increased from 50.4% to 55.8% over the past 5 years.
Debt Coverage: UBE's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: UBE earns more interest than it pays, so coverage of interest payments is not a concern.