Shin Maint HoldingsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shin Maint HoldingsLtd has a total shareholder equity of ¥3.9B and total debt of ¥267.0M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are ¥10.1B and ¥6.2B respectively. Shin Maint HoldingsLtd's EBIT is ¥1.4B making its interest coverage ratio -712.5. It has cash and short-term investments of ¥4.4B.
Key information
6.8%
Debt to equity ratio
JP¥267.00m
Debt
| Interest coverage ratio | -712.5x |
| Cash | JP¥4.45b |
| Equity | JP¥3.95b |
| Total liabilities | JP¥6.16b |
| Total assets | JP¥10.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6086's short term assets (¥9.2B) exceed its short term liabilities (¥5.6B).
Long Term Liabilities: 6086's short term assets (¥9.2B) exceed its long term liabilities (¥569.0M).
Debt to Equity History and Analysis
Debt Level: 6086 has more cash than its total debt.
Reducing Debt: 6086's debt to equity ratio has reduced from 20.1% to 6.8% over the past 5 years.
Debt Coverage: 6086's debt is well covered by operating cash flow (472.3%).
Interest Coverage: 6086 earns more interest than it pays, so coverage of interest payments is not a concern.