Shinwa Wise Holdings Co.,Ltd.

TSE:2437 Stock Report

Market Cap: JP¥4.1b

Shinwa Wise HoldingsLtd Balance Sheet Health

Financial Health criteria checks 5/6

Shinwa Wise HoldingsLtd has a total shareholder equity of ¥3.2B and total debt of ¥246.0M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are ¥4.3B and ¥1.0B respectively. Shinwa Wise HoldingsLtd's EBIT is ¥177.0M making its interest coverage ratio 59. It has cash and short-term investments of ¥1.2B.

Key information

7.6%

Debt to equity ratio

JP¥246.00m

Debt

Interest coverage ratio59x
CashJP¥1.17b
EquityJP¥3.24b
Total liabilitiesJP¥1.02b
Total assetsJP¥4.26b

Recent financial health updates

Recent updates

Market Cool On Shinwa Wise Holdings Co.,Ltd.'s (TSE:2437) Revenues Pushing Shares 26% Lower

Jul 11
Market Cool On Shinwa Wise Holdings Co.,Ltd.'s (TSE:2437) Revenues Pushing Shares 26% Lower

Investors Will Want Shinwa Wise HoldingsLtd's (TSE:2437) Growth In ROCE To Persist

Jul 05
Investors Will Want Shinwa Wise HoldingsLtd's (TSE:2437) Growth In ROCE To Persist

Health Check: How Prudently Does Shinwa Wise HoldingsLtd (TYO:2437) Use Debt?

Mar 28
Health Check: How Prudently Does Shinwa Wise HoldingsLtd (TYO:2437) Use Debt?

Does Shinwa Wise HoldingsLtd (TYO:2437) Have A Healthy Balance Sheet?

Dec 13
Does Shinwa Wise HoldingsLtd (TYO:2437) Have A Healthy Balance Sheet?

Financial Position Analysis

Short Term Liabilities: 2437's short term assets (¥3.1B) exceed its short term liabilities (¥760.0M).

Long Term Liabilities: 2437's short term assets (¥3.1B) exceed its long term liabilities (¥261.0M).


Debt to Equity History and Analysis

Debt Level: 2437 has more cash than its total debt.

Reducing Debt: 2437's debt to equity ratio has reduced from 94.5% to 7.6% over the past 5 years.

Debt Coverage: 2437's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 2437's interest payments on its debt are well covered by EBIT (59x coverage).


Balance Sheet


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