Shibuya Balance Sheet Health
Financial Health criteria checks 6/6
Shibuya has a total shareholder equity of ¥101.0B and total debt of ¥4.6B, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are ¥161.9B and ¥60.9B respectively. Shibuya's EBIT is ¥13.4B making its interest coverage ratio -272.6. It has cash and short-term investments of ¥47.2B.
Key information
4.6%
Debt to equity ratio
JP¥4.60b
Debt
| Interest coverage ratio | -272.6x |
| Cash | JP¥47.20b |
| Equity | JP¥101.03b |
| Total liabilities | JP¥60.88b |
| Total assets | JP¥161.90b |
Recent financial health updates
No updates
Recent updates
Shibuya (TSE:6340) Will Pay A Dividend Of ¥40.00
Jun 24
Shibuya (TSE:6340) Has Affirmed Its Dividend Of ¥40.00
Jun 08Shibuya (TSE:6340) Is Due To Pay A Dividend Of ¥40.00
Apr 25Shibuya Corporation (TSE:6340) Stock Rockets 27% But Many Are Still Ignoring The Company
Feb 28Shibuya (TSE:6340) Is Due To Pay A Dividend Of ¥40.00
Feb 27Financial Position Analysis
Short Term Liabilities: 6340's short term assets (¥112.7B) exceed its short term liabilities (¥51.4B).
Long Term Liabilities: 6340's short term assets (¥112.7B) exceed its long term liabilities (¥9.5B).
Debt to Equity History and Analysis
Debt Level: 6340 has more cash than its total debt.
Reducing Debt: 6340's debt to equity ratio has reduced from 8.5% to 4.6% over the past 5 years.
Debt Coverage: 6340's debt is well covered by operating cash flow (226.6%).
Interest Coverage: 6340 earns more interest than it pays, so coverage of interest payments is not a concern.