Yutaka GikenLtd Balance Sheet Health
Financial Health criteria checks 6/6
Yutaka GikenLtd has a total shareholder equity of ¥104.0B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are ¥187.8B and ¥83.8B respectively. Yutaka GikenLtd's EBIT is ¥11.0B making its interest coverage ratio 36.9. It has cash and short-term investments of ¥39.8B.
Key information
3.0%
Debt to equity ratio
JP¥3.08b
Debt
| Interest coverage ratio | 36.9x |
| Cash | JP¥39.79b |
| Equity | JP¥104.00b |
| Total liabilities | JP¥83.83b |
| Total assets | JP¥187.82b |
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 (¥134.3B) exceed its short term liabilities (¥79.9B).
Long Term Liabilities: 7229's short term assets (¥134.3B) exceed its long term liabilities (¥3.9B).
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 12.6% to 3% over the past 5 years.
Debt Coverage: 7229's debt is well covered by operating cash flow (650.6%).
Interest Coverage: 7229's interest payments on its debt are well covered by EBIT (36.9x coverage).