Unozawa-gumi Iron Works Balance Sheet Health
Financial Health criteria checks 5/6
Unozawa-gumi Iron Works has a total shareholder equity of ¥3.1B and total debt of ¥2.4B, which brings its debt-to-equity ratio to 79.4%. Its total assets and total liabilities are ¥8.8B and ¥5.7B respectively. Unozawa-gumi Iron Works's EBIT is ¥637.0M making its interest coverage ratio 318.5. It has cash and short-term investments of ¥2.5B.
Key information
79.4%
Debt to equity ratio
JP¥2.44b
Debt
| Interest coverage ratio | 318.5x |
| Cash | JP¥2.55b |
| Equity | JP¥3.07b |
| Total liabilities | JP¥5.71b |
| Total assets | JP¥8.79b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6396's short term assets (¥5.8B) exceed its short term liabilities (¥2.9B).
Long Term Liabilities: 6396's short term assets (¥5.8B) exceed its long term liabilities (¥2.8B).
Debt to Equity History and Analysis
Debt Level: 6396 has more cash than its total debt.
Reducing Debt: 6396's debt to equity ratio has reduced from 143.1% to 79.4% over the past 5 years.
Debt Coverage: 6396's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: 6396's interest payments on its debt are well covered by EBIT (318.5x coverage).