Shoei Foods Balance Sheet Health
Financial Health criteria checks 6/6
Shoei Foods has a total shareholder equity of ¥54.0B and total debt of ¥17.7B, which brings its debt-to-equity ratio to 32.7%. Its total assets and total liabilities are ¥90.2B and ¥36.2B respectively. Shoei Foods's EBIT is ¥5.0B making its interest coverage ratio 419.1. It has cash and short-term investments of ¥9.5B.
Key information
32.7%
Debt to equity ratio
JP¥17.66b
Debt
| Interest coverage ratio | 419.1x |
| Cash | JP¥9.46b |
| Equity | JP¥53.96b |
| Total liabilities | JP¥36.20b |
| Total assets | JP¥90.16b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8079's short term assets (¥59.2B) exceed its short term liabilities (¥26.1B).
Long Term Liabilities: 8079's short term assets (¥59.2B) exceed its long term liabilities (¥10.1B).
Debt to Equity History and Analysis
Debt Level: 8079's net debt to equity ratio (15.2%) is considered satisfactory.
Reducing Debt: 8079's debt to equity ratio has reduced from 52.9% to 32.7% over the past 5 years.
Debt Coverage: 8079's debt is well covered by operating cash flow (32.1%).
Interest Coverage: 8079's interest payments on its debt are well covered by EBIT (419.1x coverage).