Sugimura Warehouse Balance Sheet Health
Financial Health criteria checks 6/6
Sugimura Warehouse has a total shareholder equity of ¥16.1B and total debt of ¥3.3B, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are ¥21.9B and ¥5.9B respectively. Sugimura Warehouse's EBIT is ¥1.3B making its interest coverage ratio 145.3. It has cash and short-term investments of ¥4.4B.
Key information
20.5%
Debt to equity ratio
JP¥3.29b
Debt
| Interest coverage ratio | 145.3x |
| Cash | JP¥4.42b |
| Equity | JP¥16.07b |
| Total liabilities | JP¥5.87b |
| Total assets | JP¥21.94b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9307's short term assets (¥8.1B) exceed its short term liabilities (¥1.8B).
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 66.1% to 20.5% over the past 5 years.
Debt Coverage: 9307's debt is well covered by operating cash flow (63.9%).
Interest Coverage: 9307's interest payments on its debt are well covered by EBIT (145.3x coverage).