Bando Chemical Industries Balance Sheet Health
Financial Health criteria checks 6/6
Bando Chemical Industries has a total shareholder equity of ¥82.5B and total debt of ¥8.6B, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are ¥121.7B and ¥39.2B respectively. Bando Chemical Industries's EBIT is ¥7.1B making its interest coverage ratio -16.2. It has cash and short-term investments of ¥17.3B.
Key information
10.4%
Debt to equity ratio
JP¥8.60b
Debt
| Interest coverage ratio | -16.2x |
| Cash | JP¥17.33b |
| Equity | JP¥82.48b |
| Total liabilities | JP¥39.24b |
| Total assets | JP¥121.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5195's short term assets (¥61.0B) exceed its short term liabilities (¥31.4B).
Long Term Liabilities: 5195's short term assets (¥61.0B) exceed its long term liabilities (¥7.9B).
Debt to Equity History and Analysis
Debt Level: 5195 has more cash than its total debt.
Reducing Debt: 5195's debt to equity ratio has reduced from 18.2% to 10.4% over the past 5 years.
Debt Coverage: 5195's debt is well covered by operating cash flow (134.5%).
Interest Coverage: 5195 earns more interest than it pays, so coverage of interest payments is not a concern.