Gunze Balance Sheet Health
Financial Health criteria checks 6/6
Gunze has a total shareholder equity of ¥122.7B and total debt of ¥12.2B, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are ¥166.9B and ¥44.2B respectively. Gunze's EBIT is ¥6.7B making its interest coverage ratio -38.3. It has cash and short-term investments of ¥13.3B.
Key information
10.0%
Debt to equity ratio
JP¥12.21b
Debt
| Interest coverage ratio | -38.3x |
| Cash | JP¥13.35b |
| Equity | JP¥122.66b |
| Total liabilities | JP¥44.20b |
| Total assets | JP¥166.86b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3002's short term assets (¥82.6B) exceed its short term liabilities (¥27.9B).
Long Term Liabilities: 3002's short term assets (¥82.6B) exceed its long term liabilities (¥16.3B).
Debt to Equity History and Analysis
Debt Level: 3002 has more cash than its total debt.
Reducing Debt: 3002's debt to equity ratio has reduced from 28.2% to 10% over the past 5 years.
Debt Coverage: 3002's debt is well covered by operating cash flow (102.4%).
Interest Coverage: 3002 earns more interest than it pays, so coverage of interest payments is not a concern.