Japan Steel Works Balance Sheet Health
Financial Health criteria checks 5/6
Japan Steel Works has a total shareholder equity of ¥167.8B and total debt of ¥42.9B, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are ¥362.8B and ¥195.0B respectively. Japan Steel Works's EBIT is ¥19.0B making its interest coverage ratio -37.7. It has cash and short-term investments of ¥88.7B.
Key information
25.5%
Debt to equity ratio
JP¥42.87b
Debt
| Interest coverage ratio | -37.7x |
| Cash | JP¥88.67b |
| Equity | JP¥167.82b |
| Total liabilities | JP¥194.97b |
| Total assets | JP¥362.79b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 5631's short term assets (¥274.1B) exceed its short term liabilities (¥147.7B).
Long Term Liabilities: 5631's short term assets (¥274.1B) exceed its long term liabilities (¥47.2B).
Debt to Equity History and Analysis
Debt Level: 5631 has more cash than its total debt.
Reducing Debt: 5631's debt to equity ratio has reduced from 40.7% to 25.5% over the past 5 years.
Debt Coverage: 5631's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: 5631 earns more interest than it pays, so coverage of interest payments is not a concern.