Shidax Balance Sheet Health
Financial Health criteria checks 6/6
Shidax has a total shareholder equity of ¥13.8B and total debt of ¥2.3B, which brings its debt-to-equity ratio to 16.3%. Its total assets and total liabilities are ¥35.9B and ¥22.0B respectively. Shidax's EBIT is ¥4.1B making its interest coverage ratio 104.2. It has cash and short-term investments of ¥9.1B.
Key information
16.3%
Debt to equity ratio
JP¥2.25b
Debt
| Interest coverage ratio | 104.2x |
| Cash | JP¥9.10b |
| Equity | JP¥13.84b |
| Total liabilities | JP¥22.04b |
| Total assets | JP¥35.87b |
Recent financial health updates
Shidax (TYO:4837) Takes On Some Risk With Its Use Of Debt
Apr 26
These 4 Measures Indicate That Shidax (TYO:4837) Is Using Debt In A Risky Way
Jan 03
Recent updates
Shidax (TYO:4837) Takes On Some Risk With Its Use Of Debt
Apr 26Should You Be Excited About Shidax Corporation's (TYO:4837) 9.2% Return On Equity?
Feb 28Are Shidax's (TYO:4837) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 31These 4 Measures Indicate That Shidax (TYO:4837) Is Using Debt In A Risky Way
Jan 03What Type Of Returns Would Shidax's(TYO:4837) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Dec 08Financial Position Analysis
Short Term Liabilities: 4837's short term assets (¥27.7B) exceed its short term liabilities (¥21.6B).
Long Term Liabilities: 4837's short term assets (¥27.7B) exceed its long term liabilities (¥456.0M).
Debt to Equity History and Analysis
Debt Level: 4837 has more cash than its total debt.
Reducing Debt: 4837's debt to equity ratio has reduced from 440.6% to 16.3% over the past 5 years.
Debt Coverage: 4837's debt is well covered by operating cash flow (233%).
Interest Coverage: 4837's interest payments on its debt are well covered by EBIT (104.2x coverage).