Zuiko Balance Sheet Health
Financial Health criteria checks 4/6
Zuiko has a total shareholder equity of ¥34.8B and total debt of ¥7.5B, which brings its debt-to-equity ratio to 21.6%. Its total assets and total liabilities are ¥49.3B and ¥14.5B respectively. Zuiko's EBIT is ¥911.0M making its interest coverage ratio -5.1. It has cash and short-term investments of ¥14.5B.
Key information
21.6%
Debt to equity ratio
JP¥7.50b
Debt
Interest coverage ratio | -5.1x |
Cash | JP¥14.48b |
Equity | JP¥34.75b |
Total liabilities | JP¥14.52b |
Total assets | JP¥49.27b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6279's short term assets (¥32.4B) exceed its short term liabilities (¥6.9B).
Long Term Liabilities: 6279's short term assets (¥32.4B) exceed its long term liabilities (¥7.6B).
Debt to Equity History and Analysis
Debt Level: 6279 has more cash than its total debt.
Reducing Debt: 6279's debt to equity ratio has increased from 0% to 21.6% over the past 5 years.
Debt Coverage: 6279's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6279 earns more interest than it pays, so coverage of interest payments is not a concern.