Ensuiko Sugar Refining Balance Sheet Health
Financial Health criteria checks 4/6
Ensuiko Sugar Refining has a total shareholder equity of ¥12.7B and total debt of ¥10.7B, which brings its debt-to-equity ratio to 83.8%. Its total assets and total liabilities are ¥26.2B and ¥13.5B respectively. Ensuiko Sugar Refining's EBIT is ¥1.1B making its interest coverage ratio -1.5. It has cash and short-term investments of ¥2.1B.
Key information
83.8%
Debt to equity ratio
JP¥10.67b
Debt
Interest coverage ratio | -1.5x |
Cash | JP¥2.10b |
Equity | JP¥12.73b |
Total liabilities | JP¥13.50b |
Total assets | JP¥26.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2112's short term assets (¥8.9B) exceed its short term liabilities (¥8.7B).
Long Term Liabilities: 2112's short term assets (¥8.9B) exceed its long term liabilities (¥4.8B).
Debt to Equity History and Analysis
Debt Level: 2112's net debt to equity ratio (67.3%) is considered high.
Reducing Debt: 2112's debt to equity ratio has reduced from 142.2% to 83.8% over the past 5 years.
Debt Coverage: 2112's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: 2112 earns more interest than it pays, so coverage of interest payments is not a concern.