Yamazaki Baking Balance Sheet Health
Financial Health criteria checks 6/6
Yamazaki Baking has a total shareholder equity of ¥446.1B and total debt of ¥72.3B, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are ¥802.0B and ¥355.9B respectively. Yamazaki Baking's EBIT is ¥42.0B making its interest coverage ratio -39.5. It has cash and short-term investments of ¥134.9B.
Key information
16.2%
Debt to equity ratio
JP¥72.30b
Debt
Interest coverage ratio | -39.5x |
Cash | JP¥134.94b |
Equity | JP¥446.13b |
Total liabilities | JP¥355.90b |
Total assets | JP¥802.04b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2212's short term assets (¥314.8B) exceed its short term liabilities (¥257.9B).
Long Term Liabilities: 2212's short term assets (¥314.8B) exceed its long term liabilities (¥98.0B).
Debt to Equity History and Analysis
Debt Level: 2212 has more cash than its total debt.
Reducing Debt: 2212's debt to equity ratio has reduced from 24.6% to 16.2% over the past 5 years.
Debt Coverage: 2212's debt is well covered by operating cash flow (101.9%).
Interest Coverage: 2212 earns more interest than it pays, so coverage of interest payments is not a concern.