S.IshimitsuLtd Balance Sheet Health
Financial Health criteria checks 5/6
S.IshimitsuLtd has a total shareholder equity of ¥13.4B and total debt of ¥10.8B, which brings its debt-to-equity ratio to 80.3%. Its total assets and total liabilities are ¥37.0B and ¥23.6B respectively. S.IshimitsuLtd's EBIT is ¥1.6B making its interest coverage ratio 21.7. It has cash and short-term investments of ¥5.3B.
Key information
80.3%
Debt to equity ratio
JP¥10.79b
Debt
| Interest coverage ratio | 21.7x |
| Cash | JP¥5.33b |
| Equity | JP¥13.44b |
| Total liabilities | JP¥23.56b |
| Total assets | JP¥37.00b |
Recent financial health updates
Does S.IshimitsuLtd (TSE:2750) Have A Healthy Balance Sheet?
Aug 06
S.IshimitsuLtd (TSE:2750) Takes On Some Risk With Its Use Of Debt
Feb 29Is S.IshimitsuLtd (TYO:2750) Using Too Much Debt?
Mar 06Here's Why S.IshimitsuLtd (TYO:2750) Can Manage Its Debt Responsibly
Nov 29Recent updates
Does S.IshimitsuLtd (TSE:2750) Have A Healthy Balance Sheet?
Aug 06Solid Earnings Reflect S.IshimitsuLtd's (TSE:2750) Strength As A Business
May 21The Market Lifts S.Ishimitsu & Co.,Ltd. (TSE:2750) Shares 25% But It Can Do More
Mar 19S.IshimitsuLtd (TSE:2750) Takes On Some Risk With Its Use Of Debt
Feb 29S.IshimitsuLtd (TYO:2750) Is Looking To Continue Growing Its Returns On Capital
Apr 20Is S.IshimitsuLtd (TYO:2750) Using Too Much Debt?
Mar 06Is S.Ishimitsu & Co.,Ltd. (TYO:2750) A Good Fit For Your Dividend Portfolio?
Feb 07
Here’s What’s Happening With Returns At S.IshimitsuLtd (TYO:2750)
Jan 10Does S.IshimitsuLtd's (TYO:2750) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 20Here's Why S.IshimitsuLtd (TYO:2750) Can Manage Its Debt Responsibly
Nov 29Financial Position Analysis
Short Term Liabilities: 2750's short term assets (¥28.4B) exceed its short term liabilities (¥18.1B).
Long Term Liabilities: 2750's short term assets (¥28.4B) exceed its long term liabilities (¥5.4B).
Debt to Equity History and Analysis
Debt Level: 2750's net debt to equity ratio (40.7%) is considered high.
Reducing Debt: 2750's debt to equity ratio has reduced from 87.5% to 80.3% over the past 5 years.
Debt Coverage: 2750's debt is well covered by operating cash flow (35.3%).
Interest Coverage: 2750's interest payments on its debt are well covered by EBIT (21.7x coverage).