Yamatane Balance Sheet Health
Financial Health criteria checks 2/6
Yamatane has a total shareholder equity of ¥56.0B and total debt of ¥70.5B, which brings its debt-to-equity ratio to 126%. Its total assets and total liabilities are ¥153.7B and ¥97.7B respectively. Yamatane's EBIT is ¥3.5B making its interest coverage ratio 42. It has cash and short-term investments of ¥6.3B.
Key information
126.0%
Debt to equity ratio
JP¥70.55b
Debt
Interest coverage ratio | 42x |
Cash | JP¥6.35b |
Equity | JP¥56.00b |
Total liabilities | JP¥97.68b |
Total assets | JP¥153.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9305's short term assets (¥22.5B) exceed its short term liabilities (¥21.4B).
Long Term Liabilities: 9305's short term assets (¥22.5B) do not cover its long term liabilities (¥76.3B).
Debt to Equity History and Analysis
Debt Level: 9305's net debt to equity ratio (114.6%) is considered high.
Reducing Debt: 9305's debt to equity ratio has increased from 113.1% to 126% over the past 5 years.
Debt Coverage: 9305's debt is not well covered by operating cash flow (5.2%).
Interest Coverage: 9305's interest payments on its debt are well covered by EBIT (42x coverage).