Yamazaki Baking Balance Sheet Health
Financial Health criteria checks 6/6
Yamazaki Baking has a total shareholder equity of ¥444.1B and total debt of ¥69.9B, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are ¥790.9B and ¥346.8B respectively. Yamazaki Baking's EBIT is ¥49.1B making its interest coverage ratio -43.4. It has cash and short-term investments of ¥125.3B.
Key information
15.8%
Debt to equity ratio
JP¥69.95b
Debt
Interest coverage ratio | -43.4x |
Cash | JP¥125.25b |
Equity | JP¥444.09b |
Total liabilities | JP¥346.77b |
Total assets | JP¥790.86b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2212's short term assets (¥302.9B) exceed its short term liabilities (¥250.9B).
Long Term Liabilities: 2212's short term assets (¥302.9B) exceed its long term liabilities (¥95.9B).
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 23.3% to 15.8% over the past 5 years.
Debt Coverage: 2212's debt is well covered by operating cash flow (105.3%).
Interest Coverage: 2212 earns more interest than it pays, so coverage of interest payments is not a concern.