Star Micronics Balance Sheet Health
Financial Health criteria checks 6/6
Star Micronics has a total shareholder equity of ¥80.3B and total debt of ¥36.0M, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are ¥93.4B and ¥13.1B respectively. Star Micronics's EBIT is ¥10.4B making its interest coverage ratio -33.5. It has cash and short-term investments of ¥29.7B.
Key information
0.04%
Debt to equity ratio
JP¥36.00m
Debt
Interest coverage ratio | -33.5x |
Cash | JP¥29.72b |
Equity | JP¥80.34b |
Total liabilities | JP¥13.05b |
Total assets | JP¥93.40b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7718's short term assets (¥73.4B) exceed its short term liabilities (¥11.4B).
Long Term Liabilities: 7718's short term assets (¥73.4B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 7718 has more cash than its total debt.
Reducing Debt: 7718's debt to equity ratio has reduced from 21.4% to 0.04% over the past 5 years.
Debt Coverage: 7718's debt is well covered by operating cash flow (19794.4%).
Interest Coverage: 7718 earns more interest than it pays, so coverage of interest payments is not a concern.