Shinwa-holdings Balance Sheet Health
Financial Health criteria checks 2/6
Shinwa-holdings has a total shareholder equity of ¥294.0M and total debt of ¥2.7B, which brings its debt-to-equity ratio to 934%. Its total assets and total liabilities are ¥3.7B and ¥3.4B respectively.
Key information
934.0%
Debt to equity ratio
JP¥2.75b
Debt
Interest coverage ratio | n/a |
Cash | JP¥2.42b |
Equity | JP¥294.00m |
Total liabilities | JP¥3.38b |
Total assets | JP¥3.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7118's short term assets (¥2.9B) exceed its short term liabilities (¥1.4B).
Long Term Liabilities: 7118's short term assets (¥2.9B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 7118's net debt to equity ratio (111.9%) is considered high.
Reducing Debt: Insufficient data to determine if 7118's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Insufficient data to determine if 7118's debt is well covered by operating cash flow.
Interest Coverage: Insufficient data to determine if 7118's interest payments on its debt are well covered by EBIT.