Yahagi ConstructionLtd Balance Sheet Health
Financial Health criteria checks 5/6
Yahagi ConstructionLtd has a total shareholder equity of ¥64.9B and total debt of ¥17.4B, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are ¥128.3B and ¥63.5B respectively. Yahagi ConstructionLtd's EBIT is ¥12.9B making its interest coverage ratio -1838.9. It has cash and short-term investments of ¥20.9B.
Key information
26.8%
Debt to equity ratio
JP¥17.40b
Debt
Interest coverage ratio | -1838.9x |
Cash | JP¥20.90b |
Equity | JP¥64.86b |
Total liabilities | JP¥63.46b |
Total assets | JP¥128.32b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1870's short term assets (¥87.1B) exceed its short term liabilities (¥50.6B).
Long Term Liabilities: 1870's short term assets (¥87.1B) exceed its long term liabilities (¥12.8B).
Debt to Equity History and Analysis
Debt Level: 1870 has more cash than its total debt.
Reducing Debt: 1870's debt to equity ratio has reduced from 58.6% to 26.8% over the past 5 years.
Debt Coverage: 1870's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1870 earns more interest than it pays, so coverage of interest payments is not a concern.