Yutaka GikenLtd Balance Sheet Health
Financial Health criteria checks 6/6
Yutaka GikenLtd has a total shareholder equity of ¥113.2B and total debt of ¥3.5B, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are ¥180.0B and ¥66.7B respectively. Yutaka GikenLtd's EBIT is ¥11.2B making its interest coverage ratio -122.6. It has cash and short-term investments of ¥48.0B.
Key information
3.1%
Debt to equity ratio
JP¥3.46b
Debt
| Interest coverage ratio | -122.6x |
| Cash | JP¥47.99b |
| Equity | JP¥113.24b |
| Total liabilities | JP¥66.74b |
| Total assets | JP¥179.98b |
Recent financial health updates
Recent updates
Does Yutaka GikenLtd (TYO:7229) Have A Healthy Balance Sheet?
May 07
Read This Before Buying Yutaka Giken Co.,Ltd. (TYO:7229) For Its Dividend
Apr 16How Many Yutaka Giken Co.,Ltd. (TYO:7229) Shares Do Institutions Own?
Mar 15Yutaka GikenLtd's (TYO:7229) Soft Earnings Don't Show The Whole Picture
Feb 22A Look At Yutaka GikenLtd's (TYO:7229) Share Price Returns
Feb 06What Yutaka GikenLtd's (TYO:7229) Returns On Capital Can Tell Us
Jan 19Factors Income Investors Should Consider Before Adding Yutaka Giken Co.,Ltd. (TYO:7229) To Their Portfolio
Dec 30
How Many Yutaka Giken Co.,Ltd. (TYO:7229) Shares Do Institutions Own?
Dec 07Financial Position Analysis
Short Term Liabilities: 7229's short term assets (¥125.7B) exceed its short term liabilities (¥63.1B).
Long Term Liabilities: 7229's short term assets (¥125.7B) exceed its long term liabilities (¥3.7B).
Debt to Equity History and Analysis
Debt Level: 7229 has more cash than its total debt.
Reducing Debt: 7229's debt to equity ratio has reduced from 12.9% to 3.1% over the past 5 years.
Debt Coverage: 7229's debt is well covered by operating cash flow (563.2%).
Interest Coverage: 7229 earns more interest than it pays, so coverage of interest payments is not a concern.