Shinwa-holdings Balance Sheet Health
Financial Health criteria checks 5/6
Shinwa-holdings has a total shareholder equity of ¥511.0M and total debt of ¥792.0M, which brings its debt-to-equity ratio to 155%. Its total assets and total liabilities are ¥2.1B and ¥1.6B respectively. Shinwa-holdings's EBIT is ¥189.0M making its interest coverage ratio 37.8. It has cash and short-term investments of ¥744.0M.
Key information
155.0%
Debt to equity ratio
JP¥792.00m
Debt
| Interest coverage ratio | 37.8x |
| Cash | JP¥744.00m |
| Equity | JP¥511.00m |
| Total liabilities | JP¥1.56b |
| Total assets | JP¥2.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7118's short term assets (¥1.4B) exceed its short term liabilities (¥905.0M).
Long Term Liabilities: 7118's short term assets (¥1.4B) exceed its long term liabilities (¥658.0M).
Debt to Equity History and Analysis
Debt Level: 7118's net debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 7118's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7118's debt is well covered by operating cash flow (28.4%).
Interest Coverage: 7118's interest payments on its debt are well covered by EBIT (37.8x coverage).