YONEX Balance Sheet Health
Financial Health criteria checks 6/6
YONEX has a total shareholder equity of ¥59.1B and total debt of ¥3.0B, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are ¥86.0B and ¥26.9B respectively. YONEX's EBIT is ¥9.0B making its interest coverage ratio -1278.7. It has cash and short-term investments of ¥20.1B.
Key information
5.1%
Debt to equity ratio
JP¥3.00b
Debt
Interest coverage ratio | -1278.7x |
Cash | JP¥20.06b |
Equity | JP¥59.08b |
Total liabilities | JP¥26.94b |
Total assets | JP¥86.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7906's short term assets (¥57.0B) exceed its short term liabilities (¥18.5B).
Long Term Liabilities: 7906's short term assets (¥57.0B) exceed its long term liabilities (¥8.5B).
Debt to Equity History and Analysis
Debt Level: 7906 has more cash than its total debt.
Reducing Debt: 7906's debt to equity ratio has reduced from 10.4% to 5.1% over the past 5 years.
Debt Coverage: 7906's debt is well covered by operating cash flow (96.4%).
Interest Coverage: 7906 earns more interest than it pays, so coverage of interest payments is not a concern.