UBE Balance Sheet Health
Financial Health criteria checks 5/6
UBE has a total shareholder equity of ¥405.2B and total debt of ¥213.8B, which brings its debt-to-equity ratio to 52.7%. Its total assets and total liabilities are ¥756.0B and ¥350.7B respectively. UBE's EBIT is ¥15.6B making its interest coverage ratio -5.2. It has cash and short-term investments of ¥31.6B.
Key information
52.7%
Debt to equity ratio
JP¥213.76b
Debt
Interest coverage ratio | -5.2x |
Cash | JP¥31.58b |
Equity | JP¥405.24b |
Total liabilities | JP¥350.73b |
Total assets | JP¥755.96b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UBE's short term assets (¥287.0B) exceed its short term liabilities (¥193.1B).
Long Term Liabilities: UBE's short term assets (¥287.0B) exceed its long term liabilities (¥157.6B).
Debt to Equity History and Analysis
Debt Level: UBE's net debt to equity ratio (45%) is considered high.
Reducing Debt: UBE's debt to equity ratio has reduced from 57.7% to 52.7% over the past 5 years.
Debt Coverage: UBE's debt is well covered by operating cash flow (22.4%).
Interest Coverage: UBE earns more interest than it pays, so coverage of interest payments is not a concern.