Shimojima Balance Sheet Health
Financial Health criteria checks 5/6
Shimojima has a total shareholder equity of ¥34.5B and total debt of ¥67.0M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ¥43.7B and ¥9.2B respectively. Shimojima's EBIT is ¥3.3B making its interest coverage ratio -333.7. It has cash and short-term investments of ¥8.6B.
Key information
0.2%
Debt to equity ratio
JP¥67.00m
Debt
Interest coverage ratio | -333.7x |
Cash | JP¥8.63b |
Equity | JP¥34.51b |
Total liabilities | JP¥9.22b |
Total assets | JP¥43.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7482's short term assets (¥24.7B) exceed its short term liabilities (¥7.9B).
Long Term Liabilities: 7482's short term assets (¥24.7B) exceed its long term liabilities (¥1.3B).
Debt to Equity History and Analysis
Debt Level: 7482 has more cash than its total debt.
Reducing Debt: 7482's debt to equity ratio has increased from 0.2% to 0.2% over the past 5 years.
Debt Coverage: 7482's debt is well covered by operating cash flow (7961.2%).
Interest Coverage: 7482 earns more interest than it pays, so coverage of interest payments is not a concern.