YONEX Balance Sheet Health
Financial Health criteria checks 5/6
YONEX has a total shareholder equity of ¥68.3B and total debt of ¥9.5B, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are ¥104.5B and ¥36.2B respectively. YONEX's EBIT is ¥13.7B making its interest coverage ratio -1244.6. It has cash and short-term investments of ¥31.2B.
Key information
13.9%
Debt to equity ratio
JP¥9.52b
Debt
| Interest coverage ratio | -1244.6x |
| Cash | JP¥31.16b |
| Equity | JP¥68.31b |
| Total liabilities | JP¥36.18b |
| Total assets | JP¥104.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7906's short term assets (¥71.2B) exceed its short term liabilities (¥21.2B).
Long Term Liabilities: 7906's short term assets (¥71.2B) exceed its long term liabilities (¥15.0B).
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 increased from 9% to 13.9% over the past 5 years.
Debt Coverage: 7906's debt is well covered by operating cash flow (156.6%).
Interest Coverage: 7906 earns more interest than it pays, so coverage of interest payments is not a concern.