Shinwa Balance Sheet Health
Financial Health criteria checks 6/6
Shinwa has a total shareholder equity of ¥41.6B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥65.6B and ¥24.0B respectively. Shinwa's EBIT is ¥3.6B making its interest coverage ratio -26.2. It has cash and short-term investments of ¥19.9B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -26.2x |
| Cash | JP¥19.86b |
| Equity | JP¥41.63b |
| Total liabilities | JP¥23.97b |
| Total assets | JP¥65.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7607's short term assets (¥53.0B) exceed its short term liabilities (¥22.0B).
Long Term Liabilities: 7607's short term assets (¥53.0B) exceed its long term liabilities (¥2.0B).
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 1.3%.
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.