Shin Maint HoldingsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shin Maint HoldingsLtd has a total shareholder equity of ¥3.7B and total debt of ¥347.0M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are ¥8.3B and ¥4.6B respectively. Shin Maint HoldingsLtd's EBIT is ¥1.3B making its interest coverage ratio -627.5. It has cash and short-term investments of ¥4.1B.
Key information
9.4%
Debt to equity ratio
JP¥347.00m
Debt
Interest coverage ratio | -627.5x |
Cash | JP¥4.07b |
Equity | JP¥3.67b |
Total liabilities | JP¥4.63b |
Total assets | JP¥8.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6086's short term assets (¥7.3B) exceed its short term liabilities (¥4.0B).
Long Term Liabilities: 6086's short term assets (¥7.3B) exceed its long term liabilities (¥635.0M).
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 24.6% to 9.4% over the past 5 years.
Debt Coverage: 6086's debt is well covered by operating cash flow (376.4%).
Interest Coverage: 6086 earns more interest than it pays, so coverage of interest payments is not a concern.