SuzukiLtd Balance Sheet Health
Financial Health criteria checks 6/6
SuzukiLtd has a total shareholder equity of ¥26.1B and total debt of ¥2.9B, which brings its debt-to-equity ratio to 11.2%. Its total assets and total liabilities are ¥37.1B and ¥11.0B respectively. SuzukiLtd's EBIT is ¥3.4B making its interest coverage ratio 93.6. It has cash and short-term investments of ¥6.0B.
Key information
11.2%
Debt to equity ratio
JP¥2.92b
Debt
Interest coverage ratio | 93.6x |
Cash | JP¥6.01b |
Equity | JP¥26.06b |
Total liabilities | JP¥11.00b |
Total assets | JP¥37.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SKI's short term assets (¥17.1B) exceed its short term liabilities (¥8.5B).
Long Term Liabilities: SKI's short term assets (¥17.1B) exceed its long term liabilities (¥2.5B).
Debt to Equity History and Analysis
Debt Level: SKI has more cash than its total debt.
Reducing Debt: SKI's debt to equity ratio has reduced from 15.1% to 11.2% over the past 5 years.
Debt Coverage: SKI's debt is well covered by operating cash flow (186.5%).
Interest Coverage: SKI's interest payments on its debt are well covered by EBIT (93.6x coverage).