Yurtec Balance Sheet Health
Financial Health criteria checks 6/6
Yurtec has a total shareholder equity of ¥142.4B and total debt of ¥6.9B, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are ¥231.5B and ¥89.1B respectively. Yurtec's EBIT is ¥10.5B making its interest coverage ratio -38.5. It has cash and short-term investments of ¥44.9B.
Key information
4.9%
Debt to equity ratio
JP¥6.92b
Debt
Interest coverage ratio | -38.5x |
Cash | JP¥44.89b |
Equity | JP¥142.40b |
Total liabilities | JP¥89.08b |
Total assets | JP¥231.48b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 1934's short term assets (¥152.9B) exceed its short term liabilities (¥66.9B).
Long Term Liabilities: 1934's short term assets (¥152.9B) exceed its long term liabilities (¥22.2B).
Debt to Equity History and Analysis
Debt Level: 1934 has more cash than its total debt.
Reducing Debt: 1934's debt to equity ratio has reduced from 8.3% to 4.9% over the past 5 years.
Debt Coverage: 1934's debt is well covered by operating cash flow (112.7%).
Interest Coverage: 1934 earns more interest than it pays, so coverage of interest payments is not a concern.