Shimano Balance Sheet Health
Financial Health criteria checks 6/6
Shimano has a total shareholder equity of ¥836.8B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥908.8B and ¥72.0B respectively. Shimano's EBIT is ¥69.1B making its interest coverage ratio -3. It has cash and short-term investments of ¥506.6B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -3x |
Cash | JP¥506.59b |
Equity | JP¥836.78b |
Total liabilities | JP¥71.98b |
Total assets | JP¥908.76b |
Recent financial health updates
No updates
Recent updates
Shimano (TSE:7309) Has Affirmed Its Dividend Of ¥142.50
Jun 19Here's What's Concerning About Shimano's (TSE:7309) Returns On Capital
Jun 07Shimano Inc.'s (TSE:7309) Share Price Matching Investor Opinion
May 21Shimano Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Apr 27Shimano (TSE:7309) Has Announced A Dividend Of ¥142.50
Apr 26Shimano (TSE:7309) Is Paying Out A Dividend Of ¥142.50
Apr 11Financial Position Analysis
Short Term Liabilities: 7309's short term assets (¥676.0B) exceed its short term liabilities (¥64.4B).
Long Term Liabilities: 7309's short term assets (¥676.0B) exceed its long term liabilities (¥7.6B).
Debt to Equity History and Analysis
Debt Level: 7309 is debt free.
Reducing Debt: 7309 has no debt compared to 5 years ago when its debt to equity ratio was 0.4%.
Debt Coverage: 7309 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 7309 has no debt, therefore coverage of interest payments is not a concern.