Shinsho Balance Sheet Health
Financial Health criteria checks 4/6
Shinsho has a total shareholder equity of ¥82.9B and total debt of ¥82.4B, which brings its debt-to-equity ratio to 99.4%. Its total assets and total liabilities are ¥396.7B and ¥313.8B respectively. Shinsho's EBIT is ¥12.9B making its interest coverage ratio 22.2. It has cash and short-term investments of ¥11.5B.
Key information
99.4%
Debt to equity ratio
JP¥82.39b
Debt
Interest coverage ratio | 22.2x |
Cash | JP¥11.45b |
Equity | JP¥82.93b |
Total liabilities | JP¥313.78b |
Total assets | JP¥396.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8075's short term assets (¥340.0B) exceed its short term liabilities (¥290.2B).
Long Term Liabilities: 8075's short term assets (¥340.0B) exceed its long term liabilities (¥23.6B).
Debt to Equity History and Analysis
Debt Level: 8075's net debt to equity ratio (85.5%) is considered high.
Reducing Debt: 8075's debt to equity ratio has reduced from 130.4% to 99.4% over the past 5 years.
Debt Coverage: 8075's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: 8075's interest payments on its debt are well covered by EBIT (22.2x coverage).