Yoshinoya Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Yoshinoya Holdings has a total shareholder equity of ¥60.8B and total debt of ¥18.4B, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are ¥112.9B and ¥52.1B respectively. Yoshinoya Holdings's EBIT is ¥8.0B making its interest coverage ratio 71.2. It has cash and short-term investments of ¥27.3B.
Key information
30.2%
Debt to equity ratio
JP¥18.38b
Debt
Interest coverage ratio | 71.2x |
Cash | JP¥27.35b |
Equity | JP¥60.85b |
Total liabilities | JP¥52.09b |
Total assets | JP¥112.94b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9861's short term assets (¥43.8B) exceed its short term liabilities (¥30.8B).
Long Term Liabilities: 9861's short term assets (¥43.8B) exceed its long term liabilities (¥21.2B).
Debt to Equity History and Analysis
Debt Level: 9861 has more cash than its total debt.
Reducing Debt: 9861's debt to equity ratio has reduced from 69.4% to 30.2% over the past 5 years.
Debt Coverage: 9861's debt is well covered by operating cash flow (109.2%).
Interest Coverage: 9861's interest payments on its debt are well covered by EBIT (71.2x coverage).