Ensuiko Sugar Refining Balance Sheet Health
Financial Health criteria checks 5/6
Ensuiko Sugar Refining has a total shareholder equity of ¥14.4B and total debt of ¥9.3B, which brings its debt-to-equity ratio to 64.5%. Its total assets and total liabilities are ¥26.7B and ¥12.3B respectively. Ensuiko Sugar Refining's EBIT is ¥2.4B making its interest coverage ratio -22.6. It has cash and short-term investments of ¥2.8B.
Key information
64.5%
Debt to equity ratio
JP¥9.27b
Debt
| Interest coverage ratio | -22.6x |
| Cash | JP¥2.79b |
| Equity | JP¥14.38b |
| Total liabilities | JP¥12.30b |
| Total assets | JP¥26.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2112's short term assets (¥8.7B) exceed its short term liabilities (¥8.0B).
Long Term Liabilities: 2112's short term assets (¥8.7B) exceed its long term liabilities (¥4.3B).
Debt to Equity History and Analysis
Debt Level: 2112's net debt to equity ratio (45.1%) is considered high.
Reducing Debt: 2112's debt to equity ratio has reduced from 132.1% to 64.5% over the past 5 years.
Debt Coverage: 2112's debt is well covered by operating cash flow (39.7%).
Interest Coverage: 2112 earns more interest than it pays, so coverage of interest payments is not a concern.