Sugimura Warehouse Balance Sheet Health
Financial Health criteria checks 6/6
Sugimura Warehouse has a total shareholder equity of ¥16.0B and total debt of ¥3.4B, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are ¥22.1B and ¥6.1B respectively. Sugimura Warehouse's EBIT is ¥1.3B making its interest coverage ratio 80.8. It has cash and short-term investments of ¥4.3B.
Key information
21.0%
Debt to equity ratio
JP¥3.36b
Debt
Interest coverage ratio | 80.8x |
Cash | JP¥4.26b |
Equity | JP¥16.00b |
Total liabilities | JP¥6.09b |
Total assets | JP¥22.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9307's short term assets (¥8.1B) exceed its short term liabilities (¥2.0B).
Long Term Liabilities: 9307's short term assets (¥8.1B) exceed its long term liabilities (¥4.1B).
Debt to Equity History and Analysis
Debt Level: 9307 has more cash than its total debt.
Reducing Debt: 9307's debt to equity ratio has reduced from 68.6% to 21% over the past 5 years.
Debt Coverage: 9307's debt is well covered by operating cash flow (62.6%).
Interest Coverage: 9307's interest payments on its debt are well covered by EBIT (80.8x coverage).