Shoei YakuhinLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shoei YakuhinLtd has a total shareholder equity of ¥8.1B and total debt of ¥100.0M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ¥16.4B and ¥8.3B respectively. Shoei YakuhinLtd's EBIT is ¥402.0M making its interest coverage ratio -2.8. It has cash and short-term investments of ¥1.8B.
Key information
1.2%
Debt to equity ratio
JP¥100.00m
Debt
| Interest coverage ratio | -2.8x |
| Cash | JP¥1.84b |
| Equity | JP¥8.09b |
| Total liabilities | JP¥8.34b |
| Total assets | JP¥16.42b |
Recent financial health updates
These 4 Measures Indicate That Shoei YakuhinLtd (TYO:3537) Is Using Debt Reasonably Well
Apr 20
These 4 Measures Indicate That Shoei YakuhinLtd (TYO:3537) Is Using Debt Reasonably Well
Jan 12Recent updates
Shoei YakuhinLtd (TSE:3537) Is Paying Out A Dividend Of ¥36.00
Mar 28These 4 Measures Indicate That Shoei YakuhinLtd (TYO:3537) Is Using Debt Reasonably Well
Apr 20How Has Shoei YakuhinLtd (TYO:3537) Allocated Its Capital?
Mar 21Should Shoei Yakuhin Co.,Ltd. (TYO:3537) Be Part Of Your Dividend Portfolio?
Feb 07These 4 Measures Indicate That Shoei YakuhinLtd (TYO:3537) Is Using Debt Reasonably Well
Jan 12Is This A Sign of Things To Come At Shoei YakuhinLtd (TYO:3537)?
Dec 21
We're Not Counting On Shoei YakuhinLtd (TYO:3537) To Sustain Its Statutory Profitability
Nov 30Financial Position Analysis
Short Term Liabilities: 3537's short term assets (¥10.6B) exceed its short term liabilities (¥6.8B).
Long Term Liabilities: 3537's short term assets (¥10.6B) exceed its long term liabilities (¥1.5B).
Debt to Equity History and Analysis
Debt Level: 3537 has more cash than its total debt.
Reducing Debt: 3537's debt to equity ratio has reduced from 12.7% to 1.2% over the past 5 years.
Debt Coverage: 3537's debt is well covered by operating cash flow (1371%).
Interest Coverage: 3537 earns more interest than it pays, so coverage of interest payments is not a concern.