Yondenko Balance Sheet Health
Financial Health criteria checks 6/6
Yondenko has a total shareholder equity of ¥61.6B and total debt of ¥7.0B, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are ¥96.1B and ¥34.6B respectively. Yondenko's EBIT is ¥7.1B making its interest coverage ratio -36.2. It has cash and short-term investments of ¥19.8B.
Key information
11.3%
Debt to equity ratio
JP¥6.96b
Debt
Interest coverage ratio | -36.2x |
Cash | JP¥19.84b |
Equity | JP¥61.56b |
Total liabilities | JP¥34.58b |
Total assets | JP¥96.13b |
Recent financial health updates
No updates
Recent updates
Yondenko (TSE:1939) Has Announced A Dividend Of ¥70.00
Jul 31Yondenko's (TSE:1939) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 15Subdued Growth No Barrier To Yondenko Corporation (TSE:1939) With Shares Advancing 28%
Feb 28Yondenko (TSE:1939) Is Increasing Its Dividend To ¥80.00
Feb 27Financial Position Analysis
Short Term Liabilities: 1939's short term assets (¥51.2B) exceed its short term liabilities (¥24.6B).
Long Term Liabilities: 1939's short term assets (¥51.2B) exceed its long term liabilities (¥9.9B).
Debt to Equity History and Analysis
Debt Level: 1939 has more cash than its total debt.
Reducing Debt: 1939's debt to equity ratio has reduced from 25.6% to 11.3% over the past 5 years.
Debt Coverage: 1939's debt is well covered by operating cash flow (86.7%).
Interest Coverage: 1939 earns more interest than it pays, so coverage of interest payments is not a concern.