Yamazaki Baking Balance Sheet Health
Financial Health criteria checks 6/6
Yamazaki Baking has a total shareholder equity of ¥453.8B and total debt of ¥68.6B, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are ¥795.4B and ¥341.6B respectively. Yamazaki Baking's EBIT is ¥52.4B making its interest coverage ratio -41.4. It has cash and short-term investments of ¥139.3B.
Key information
15.1%
Debt to equity ratio
JP¥68.55b
Debt
Interest coverage ratio | -41.4x |
Cash | JP¥139.28b |
Equity | JP¥453.76b |
Total liabilities | JP¥341.65b |
Total assets | JP¥795.40b |
Recent financial health updates
Yamazaki Baking (TSE:2212) Has A Rock Solid Balance Sheet
Jul 01Yamazaki Baking (TSE:2212) Could Easily Take On More Debt
Feb 29Recent updates
We Like These Underlying Return On Capital Trends At Yamazaki Baking (TSE:2212)
Sep 17Yamazaki Baking Co., Ltd.'s (TSE:2212) 25% Share Price Plunge Could Signal Some Risk
Aug 29Here's Why We Think Yamazaki Baking (TSE:2212) Might Deserve Your Attention Today
Aug 21Here's What Analysts Are Forecasting For Yamazaki Baking Co., Ltd. (TSE:2212) After Its Interim Results
Aug 03Yamazaki Baking (TSE:2212) Has A Rock Solid Balance Sheet
Jul 01Unpleasant Surprises Could Be In Store For Yamazaki Baking Co., Ltd.'s (TSE:2212) Shares
Jun 18Investors Will Want Yamazaki Baking's (TSE:2212) Growth In ROCE To Persist
Jun 04An Intrinsic Calculation For Yamazaki Baking Co., Ltd. (TSE:2212) Suggests It's 27% Undervalued
Apr 16Some Confidence Is Lacking In Yamazaki Baking Co., Ltd.'s (TSE:2212) P/E
Mar 15Yamazaki Baking (TSE:2212) Could Easily Take On More Debt
Feb 29Financial Position Analysis
Short Term Liabilities: 2212's short term assets (¥310.3B) exceed its short term liabilities (¥247.1B).
Long Term Liabilities: 2212's short term assets (¥310.3B) exceed its long term liabilities (¥94.5B).
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 22.2% to 15.1% over the past 5 years.
Debt Coverage: 2212's debt is well covered by operating cash flow (99.7%).
Interest Coverage: 2212 earns more interest than it pays, so coverage of interest payments is not a concern.