Punch Industry Balance Sheet Health
Financial Health criteria checks 6/6
Punch Industry has a total shareholder equity of ¥18.7B and total debt of ¥3.6B, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are ¥29.6B and ¥10.9B respectively. Punch Industry's EBIT is ¥1.2B making its interest coverage ratio -35.5. It has cash and short-term investments of ¥6.0B.
Key information
19.0%
Debt to equity ratio
JP¥3.55b
Debt
Interest coverage ratio | -35.5x |
Cash | JP¥6.03b |
Equity | JP¥18.75b |
Total liabilities | JP¥10.90b |
Total assets | JP¥29.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6165's short term assets (¥21.9B) exceed its short term liabilities (¥7.6B).
Long Term Liabilities: 6165's short term assets (¥21.9B) exceed its long term liabilities (¥3.3B).
Debt to Equity History and Analysis
Debt Level: 6165 has more cash than its total debt.
Reducing Debt: 6165's debt to equity ratio has reduced from 42.4% to 19% over the past 5 years.
Debt Coverage: 6165's debt is well covered by operating cash flow (35.9%).
Interest Coverage: 6165 earns more interest than it pays, so coverage of interest payments is not a concern.