Yahagi ConstructionLtd Balance Sheet Health
Financial Health criteria checks 6/6
Yahagi ConstructionLtd has a total shareholder equity of ¥65.9B and total debt of ¥27.9B, which brings its debt-to-equity ratio to 42.3%. Its total assets and total liabilities are ¥121.8B and ¥55.9B respectively. Yahagi ConstructionLtd's EBIT is ¥9.3B making its interest coverage ratio -405. It has cash and short-term investments of ¥16.4B.
Key information
42.3%
Debt to equity ratio
JP¥27.90b
Debt
| Interest coverage ratio | -405x |
| Cash | JP¥16.39b |
| Equity | JP¥65.95b |
| Total liabilities | JP¥55.88b |
| Total assets | JP¥121.83b |
Recent financial health updates
No updates
Recent updates
Yahagi ConstructionLtd's (TSE:1870) Upcoming Dividend Will Be Larger Than Last Year's
Sep 26
Yahagi ConstructionLtd (TSE:1870) Is Increasing Its Dividend To ¥40.00
Sep 12Yahagi ConstructionLtd (TSE:1870) Has Announced That It Will Be Increasing Its Dividend To ¥40.00
Aug 12Yahagi ConstructionLtd's (TSE:1870) Dividend Will Be ¥30.00
Mar 14Financial Position Analysis
Short Term Liabilities: 1870's short term assets (¥84.4B) exceed its short term liabilities (¥39.7B).
Long Term Liabilities: 1870's short term assets (¥84.4B) exceed its long term liabilities (¥16.1B).
Debt to Equity History and Analysis
Debt Level: 1870's net debt to equity ratio (17.5%) is considered satisfactory.
Reducing Debt: 1870's debt to equity ratio has reduced from 43.9% to 42.3% over the past 5 years.
Debt Coverage: 1870's debt is well covered by operating cash flow (25.4%).
Interest Coverage: 1870 earns more interest than it pays, so coverage of interest payments is not a concern.