Shinwa Balance Sheet Health
Financial Health criteria checks 6/6
Shinwa has a total shareholder equity of ¥40.7B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥63.7B and ¥23.0B respectively. Shinwa's EBIT is ¥3.2B making its interest coverage ratio -29.6. It has cash and short-term investments of ¥17.2B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -29.6x |
Cash | JP¥17.20b |
Equity | JP¥40.70b |
Total liabilities | JP¥23.01b |
Total assets | JP¥63.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7607's short term assets (¥51.1B) exceed its short term liabilities (¥21.1B).
Long Term Liabilities: 7607's short term assets (¥51.1B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 7607 is debt free.
Reducing Debt: 7607 has no debt compared to 5 years ago when its debt to equity ratio was 2.7%.
Debt Coverage: 7607 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 7607 has no debt, therefore coverage of interest payments is not a concern.