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 ratio | 59x |
Cash | JP¥1.17b |
Equity | JP¥3.24b |
Total liabilities | JP¥1.02b |
Total assets | JP¥4.26b |
Recent financial health updates
Does Shinwa Wise HoldingsLtd (TSE:2437) Have A Healthy Balance Sheet?
Aug 16Health Check: How Prudently Does Shinwa Wise HoldingsLtd (TYO:2437) Use Debt?
Mar 28Does Shinwa Wise HoldingsLtd (TYO:2437) Have A Healthy Balance Sheet?
Dec 13Recent updates
Does Shinwa Wise HoldingsLtd (TSE:2437) Have A Healthy Balance Sheet?
Aug 16Market Cool On Shinwa Wise Holdings Co.,Ltd.'s (TSE:2437) Revenues Pushing Shares 26% Lower
Jul 11Investors Will Want Shinwa Wise HoldingsLtd's (TSE:2437) Growth In ROCE To Persist
Jul 05Health Check: How Prudently Does Shinwa Wise HoldingsLtd (TYO:2437) Use Debt?
Mar 28Does Shinwa Wise HoldingsLtd (TYO:2437) Have A Healthy Balance Sheet?
Dec 13Financial 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).