Shoei Balance Sheet Health
Financial Health criteria checks 6/6
Shoei has a total shareholder equity of ¥29.5B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥35.1B and ¥5.5B respectively. Shoei's EBIT is ¥10.3B making its interest coverage ratio 688.7. It has cash and short-term investments of ¥15.4B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | 688.7x |
Cash | JP¥15.35b |
Equity | JP¥29.54b |
Total liabilities | JP¥5.54b |
Total assets | JP¥35.09b |
Financial Position Analysis
Short Term Liabilities: 7839's short term assets (¥26.5B) exceed its short term liabilities (¥4.6B).
Long Term Liabilities: 7839's short term assets (¥26.5B) exceed its long term liabilities (¥934.0M).
Debt to Equity History and Analysis
Debt Level: 7839 is debt free.
Reducing Debt: 7839 has not had any debt for past 5 years.
Debt Coverage: 7839 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 7839 has no debt, therefore coverage of interest payments is not a concern.