YokoreiLtd Balance Sheet Health
Financial Health criteria checks 3/6
YokoreiLtd has a total shareholder equity of ¥93.9B and total debt of ¥105.3B, which brings its debt-to-equity ratio to 112.2%. Its total assets and total liabilities are ¥220.1B and ¥126.2B respectively. YokoreiLtd's EBIT is ¥4.8B making its interest coverage ratio -50.4. It has cash and short-term investments of ¥5.0B.
Key information
112.2%
Debt to equity ratio
JP¥105.35b
Debt
| Interest coverage ratio | -50.4x |
| Cash | JP¥5.01b |
| Equity | JP¥93.90b |
| Total liabilities | JP¥126.22b |
| Total assets | JP¥220.12b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2874's short term assets (¥48.0B) exceed its short term liabilities (¥47.6B).
Long Term Liabilities: 2874's short term assets (¥48.0B) do not cover its long term liabilities (¥78.6B).
Debt to Equity History and Analysis
Debt Level: 2874's net debt to equity ratio (106.9%) is considered high.
Reducing Debt: 2874's debt to equity ratio has reduced from 115.7% to 112.2% over the past 5 years.
Debt Coverage: 2874's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: 2874 earns more interest than it pays, so coverage of interest payments is not a concern.