Shima Seiki Mfg.Ltd Balance Sheet Health
Financial Health criteria checks 4/6
Shima Seiki Mfg.Ltd has a total shareholder equity of ¥94.6B and total debt of ¥4.0B, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are ¥111.9B and ¥17.3B respectively.
Key information
4.2%
Debt to equity ratio
JP¥4.00b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥15.45b |
| Equity | JP¥94.57b |
| Total liabilities | JP¥17.29b |
| Total assets | JP¥111.86b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6222's short term assets (¥87.2B) exceed its short term liabilities (¥13.3B).
Long Term Liabilities: 6222's short term assets (¥87.2B) exceed its long term liabilities (¥4.0B).
Debt to Equity History and Analysis
Debt Level: 6222 has more cash than its total debt.
Reducing Debt: 6222's debt to equity ratio has reduced from 7.3% to 4.2% over the past 5 years.
Debt Coverage: 6222's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 6222's interest payments on its debt are well covered by EBIT.