Yachiyo Industry Balance Sheet Health
Financial Health criteria checks 6/6
Yachiyo Industry has a total shareholder equity of ¥91.6B and total debt of ¥4.6B, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are ¥148.3B and ¥56.7B respectively. Yachiyo Industry's EBIT is ¥10.2B making its interest coverage ratio -159.5. It has cash and short-term investments of ¥35.2B.
Key information
5.0%
Debt to equity ratio
JP¥4.61b
Debt
| Interest coverage ratio | -159.5x |
| Cash | JP¥35.22b |
| Equity | JP¥91.57b |
| Total liabilities | JP¥56.74b |
| Total assets | JP¥148.30b |
Recent financial health updates
Recent updates
Should You Buy Yachiyo Industry Co., Ltd. (TYO:7298) For Its Dividend?
Mar 16
Is Yachiyo Industry (TYO:7298) Weighed On By Its Debt Load?
Feb 17What You Need To Know About Yachiyo Industry Co., Ltd.'s (TYO:7298) Investor Composition
Jan 19What Type Of Returns Would Yachiyo Industry's(TYO:7298) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Dec 14
Financial Position Analysis
Short Term Liabilities: 7298's short term assets (¥88.6B) exceed its short term liabilities (¥43.0B).
Long Term Liabilities: 7298's short term assets (¥88.6B) exceed its long term liabilities (¥13.7B).
Debt to Equity History and Analysis
Debt Level: 7298 has more cash than its total debt.
Reducing Debt: 7298's debt to equity ratio has reduced from 13.2% to 5% over the past 5 years.
Debt Coverage: 7298's debt is well covered by operating cash flow (318.8%).
Interest Coverage: 7298 earns more interest than it pays, so coverage of interest payments is not a concern.