Punch Industry Balance Sheet Health
Financial Health criteria checks 6/6
Punch Industry has a total shareholder equity of ¥19.4B and total debt of ¥3.2B, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are ¥29.7B and ¥10.4B respectively. Punch Industry's EBIT is ¥1.4B making its interest coverage ratio -39.1. It has cash and short-term investments of ¥5.2B.
Key information
16.6%
Debt to equity ratio
JP¥3.21b
Debt
| Interest coverage ratio | -39.1x |
| Cash | JP¥5.20b |
| Equity | JP¥19.35b |
| Total liabilities | JP¥10.36b |
| Total assets | JP¥29.71b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6165's short term assets (¥21.8B) exceed its short term liabilities (¥7.3B).
Long Term Liabilities: 6165's short term assets (¥21.8B) exceed its long term liabilities (¥3.1B).
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 38.3% to 16.6% over the past 5 years.
Debt Coverage: 6165's debt is well covered by operating cash flow (39.8%).
Interest Coverage: 6165 earns more interest than it pays, so coverage of interest payments is not a concern.