Yamashin-Filter Balance Sheet Health
Financial Health criteria checks 5/6
Yamashin-Filter has a total shareholder equity of ¥21.3B and total debt of ¥947.0M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are ¥25.9B and ¥4.6B respectively. Yamashin-Filter's EBIT is ¥1.4B making its interest coverage ratio 64.1. It has cash and short-term investments of ¥5.1B.
Key information
4.4%
Debt to equity ratio
JP¥947.00m
Debt
Interest coverage ratio | 64.1x |
Cash | JP¥5.07b |
Equity | JP¥21.30b |
Total liabilities | JP¥4.64b |
Total assets | JP¥25.94b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6240's short term assets (¥13.5B) exceed its short term liabilities (¥3.8B).
Long Term Liabilities: 6240's short term assets (¥13.5B) exceed its long term liabilities (¥817.0M).
Debt to Equity History and Analysis
Debt Level: 6240 has more cash than its total debt.
Reducing Debt: 6240's debt to equity ratio has increased from 2.2% to 4.4% over the past 5 years.
Debt Coverage: 6240's debt is well covered by operating cash flow (277.9%).
Interest Coverage: 6240's interest payments on its debt are well covered by EBIT (64.1x coverage).