Shoei YakuhinLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shoei YakuhinLtd has a total shareholder equity of ¥9.0B and total debt of ¥150.0M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are ¥16.8B and ¥7.8B respectively. Shoei YakuhinLtd's EBIT is ¥513.0M making its interest coverage ratio -3.5. It has cash and short-term investments of ¥1.4B.
Key information
1.7%
Debt to equity ratio
JP¥150.00m
Debt
Interest coverage ratio | -3.5x |
Cash | JP¥1.39b |
Equity | JP¥9.03b |
Total liabilities | JP¥7.78b |
Total assets | JP¥16.81b |
Recent financial health updates
These 4 Measures Indicate That Shoei YakuhinLtd (TYO:3537) Is Using Debt Reasonably Well
Apr 20These 4 Measures Indicate That Shoei YakuhinLtd (TYO:3537) Is Using Debt Reasonably Well
Jan 12Recent updates
Shoei YakuhinLtd (TSE:3537) Has Affirmed Its Dividend Of ¥38.00
Nov 12Shoei 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 21We'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 (¥10.1B) exceed its short term liabilities (¥6.1B).
Long Term Liabilities: 3537's short term assets (¥10.1B) exceed its long term liabilities (¥1.7B).
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 10.3% to 1.7% over the past 5 years.
Debt Coverage: 3537's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3537 earns more interest than it pays, so coverage of interest payments is not a concern.