Shikibo Balance Sheet Health
Financial Health criteria checks 3/6
Shikibo has a total shareholder equity of ¥35.2B and total debt of ¥23.3B, which brings its debt-to-equity ratio to 66.2%. Its total assets and total liabilities are ¥82.8B and ¥47.6B respectively. Shikibo's EBIT is ¥1.4B making its interest coverage ratio 7.2. It has cash and short-term investments of ¥5.6B.
Key information
66.2%
Debt to equity ratio
JP¥23.32b
Debt
| Interest coverage ratio | 7.2x |
| Cash | JP¥5.56b |
| Equity | JP¥35.21b |
| Total liabilities | JP¥47.64b |
| Total assets | JP¥82.85b |
Recent financial health updates
No updates
Recent updates
Shikibo's (TSE:3109) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 21
What You Can Learn From Shikibo Ltd.'s (TSE:3109) P/E
Aug 05Shikibo's (TSE:3109) Problems Go Beyond Weak Profit
May 22Shikibo (TSE:3109) Is Due To Pay A Dividend Of ¥50.00
Mar 17Shikibo's (TSE:3109) Dividend Will Be ¥50.00
Mar 03Financial Position Analysis
Short Term Liabilities: 3109's short term assets (¥24.0B) exceed its short term liabilities (¥16.8B).
Long Term Liabilities: 3109's short term assets (¥24.0B) do not cover its long term liabilities (¥30.9B).
Debt to Equity History and Analysis
Debt Level: 3109's net debt to equity ratio (50.5%) is considered high.
Reducing Debt: 3109's debt to equity ratio has reduced from 83.2% to 66.2% over the past 5 years.
Debt Coverage: 3109's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: 3109's interest payments on its debt are well covered by EBIT (7.2x coverage).