Showa ManufacturingLtd Balance Sheet Health
Financial Health criteria checks 6/6
Showa ManufacturingLtd has a total shareholder equity of ¥8.4B and total debt of ¥3.3B, which brings its debt-to-equity ratio to 39.7%. Its total assets and total liabilities are ¥18.5B and ¥10.1B respectively. Showa ManufacturingLtd's EBIT is ¥879.0M making its interest coverage ratio -6.7. It has cash and short-term investments of ¥3.3B.
Key information
39.7%
Debt to equity ratio
JP¥3.33b
Debt
| Interest coverage ratio | -6.7x |
| Cash | JP¥3.29b |
| Equity | JP¥8.37b |
| Total liabilities | JP¥10.10b |
| Total assets | JP¥18.47b |
Recent financial health updates
Recent updates
Showa ManufacturingLtd (FKSE:5953) Has Some Difficulty Using Its Capital Effectively
Apr 29
Is Showa Manufacturing Co.,Ltd. (FKSE:5953) A Risky Dividend Stock?
Mar 25Showa ManufacturingLtd (FKSE:5953) Use Of Debt Could Be Considered Risky
Feb 18Here’s What’s Happening With Returns At Showa Manufacturing (FKSE:5953)
Jan 14Know This Before Buying Showa Manufacturing Co., Ltd. (FKSE:5953) For Its Dividend
Dec 10
Financial Position Analysis
Short Term Liabilities: 5953's short term assets (¥9.3B) exceed its short term liabilities (¥7.1B).
Long Term Liabilities: 5953's short term assets (¥9.3B) exceed its long term liabilities (¥3.0B).
Debt to Equity History and Analysis
Debt Level: 5953's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: 5953's debt to equity ratio has reduced from 85.3% to 39.7% over the past 5 years.
Debt Coverage: 5953's debt is well covered by operating cash flow (32.3%).
Interest Coverage: 5953 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 11:00 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Showa Manufacturing Co.,Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Company Forecast |