Yuasa Funashoku Balance Sheet Health
Financial Health criteria checks 6/6
Yuasa Funashoku has a total shareholder equity of ¥38.2B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are ¥64.4B and ¥26.3B respectively. Yuasa Funashoku's EBIT is ¥1.9B making its interest coverage ratio -7.3. It has cash and short-term investments of ¥12.1B.
Key information
4.9%
Debt to equity ratio
JP¥1.86b
Debt
| Interest coverage ratio | -7.3x |
| Cash | JP¥12.12b |
| Equity | JP¥38.16b |
| Total liabilities | JP¥26.25b |
| Total assets | JP¥64.41b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8006's short term assets (¥34.3B) exceed its short term liabilities (¥23.9B).
Long Term Liabilities: 8006's short term assets (¥34.3B) exceed its long term liabilities (¥2.4B).
Debt to Equity History and Analysis
Debt Level: 8006 has more cash than its total debt.
Reducing Debt: 8006's debt to equity ratio has reduced from 7.2% to 4.9% over the past 5 years.
Debt Coverage: 8006's debt is well covered by operating cash flow (151.5%).
Interest Coverage: 8006 earns more interest than it pays, so coverage of interest payments is not a concern.