Shinnihon Balance Sheet Health
Financial Health criteria checks 6/6
Shinnihon has a total shareholder equity of ¥107.7B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥160.7B and ¥53.1B respectively. Shinnihon's EBIT is ¥17.4B making its interest coverage ratio -697.6. It has cash and short-term investments of ¥52.7B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -697.6x |
Cash | JP¥52.74b |
Equity | JP¥107.68b |
Total liabilities | JP¥53.07b |
Total assets | JP¥160.74b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1879's short term assets (¥147.9B) exceed its short term liabilities (¥51.0B).
Long Term Liabilities: 1879's short term assets (¥147.9B) exceed its long term liabilities (¥2.1B).
Debt to Equity History and Analysis
Debt Level: 1879 is debt free.
Reducing Debt: 1879 has no debt compared to 5 years ago when its debt to equity ratio was 1.6%.
Debt Coverage: 1879 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1879 has no debt, therefore coverage of interest payments is not a concern.