Zojirushi Balance Sheet Health
Financial Health criteria checks 6/6
Zojirushi has a total shareholder equity of ¥86.8B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are ¥115.0B and ¥28.2B respectively. Zojirushi's EBIT is ¥5.0B making its interest coverage ratio -16.2. It has cash and short-term investments of ¥36.5B.
Key information
1.7%
Debt to equity ratio
JP¥1.50b
Debt
Interest coverage ratio | -16.2x |
Cash | JP¥36.49b |
Equity | JP¥86.78b |
Total liabilities | JP¥28.25b |
Total assets | JP¥115.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7965's short term assets (¥85.1B) exceed its short term liabilities (¥21.4B).
Long Term Liabilities: 7965's short term assets (¥85.1B) exceed its long term liabilities (¥6.8B).
Debt to Equity History and Analysis
Debt Level: 7965 has more cash than its total debt.
Reducing Debt: 7965's debt to equity ratio has reduced from 2.1% to 1.7% over the past 5 years.
Debt Coverage: 7965's debt is well covered by operating cash flow (329.3%).
Interest Coverage: 7965 earns more interest than it pays, so coverage of interest payments is not a concern.