Shimizu Balance Sheet Health
Financial Health criteria checks 3/6
Shimizu has a total shareholder equity of ¥948.1B and total debt of ¥603.2B, which brings its debt-to-equity ratio to 63.6%. Its total assets and total liabilities are ¥2,538.8B and ¥1,590.7B respectively.
Key information
63.6%
Debt to equity ratio
JP¥603.19b
Debt
Interest coverage ratio | n/a |
Cash | JP¥339.26b |
Equity | JP¥948.06b |
Total liabilities | JP¥1.59t |
Total assets | JP¥2.54t |
Recent financial health updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Shimizu (TSE:1803)
May 22Why Investors Shouldn't Be Surprised By Shimizu Corporation's (TSE:1803) P/S
May 06Would Shimizu (TSE:1803) Be Better Off With Less Debt?
Apr 15Shimizu's (TSE:1803) Dividend Is Being Reduced To ¥6.50
Mar 25Shimizu (TSE:1803) Has Announced That Its Dividend Will Be Reduced To ¥6.50
Feb 27Financial Position Analysis
Short Term Liabilities: 1803's short term assets (¥1,470.7B) exceed its short term liabilities (¥1,188.4B).
Long Term Liabilities: 1803's short term assets (¥1,470.7B) exceed its long term liabilities (¥402.3B).
Debt to Equity History and Analysis
Debt Level: 1803's net debt to equity ratio (27.8%) is considered satisfactory.
Reducing Debt: 1803's debt to equity ratio has increased from 43.4% to 63.6% over the past 5 years.
Debt Coverage: 1803's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1803's interest payments on its debt are well covered by EBIT.