Shikibo Balance Sheet Health
Financial Health criteria checks 3/6
Shikibo has a total shareholder equity of ¥33.7B and total debt of ¥24.6B, which brings its debt-to-equity ratio to 72.8%. Its total assets and total liabilities are ¥82.9B and ¥49.2B respectively. Shikibo's EBIT is ¥1.3B making its interest coverage ratio 6.4. It has cash and short-term investments of ¥5.5B.
Key information
72.8%
Debt to equity ratio
JP¥24.56b
Debt
Interest coverage ratio | 6.4x |
Cash | JP¥5.53b |
Equity | JP¥33.72b |
Total liabilities | JP¥49.17b |
Total assets | JP¥82.89b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3109's short term assets (¥24.6B) exceed its short term liabilities (¥18.5B).
Long Term Liabilities: 3109's short term assets (¥24.6B) do not cover its long term liabilities (¥30.7B).
Debt to Equity History and Analysis
Debt Level: 3109's net debt to equity ratio (56.4%) is considered high.
Reducing Debt: 3109's debt to equity ratio has reduced from 75.3% to 72.8% over the past 5 years.
Debt Coverage: 3109's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: 3109's interest payments on its debt are well covered by EBIT (6.4x coverage).