Suntory Beverage & Food Balance Sheet Health
Financial Health criteria checks 6/6
Suntory Beverage & Food has a total shareholder equity of ¥1,185.0B and total debt of ¥74.4B, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are ¥1,912.4B and ¥727.4B respectively. Suntory Beverage & Food's EBIT is ¥145.7B making its interest coverage ratio -113. It has cash and short-term investments of ¥173.4B.
Key information
6.3%
Debt to equity ratio
JP¥74.43b
Debt
| Interest coverage ratio | -113x |
| Cash | JP¥173.42b |
| Equity | JP¥1.19t |
| Total liabilities | JP¥727.39b |
| Total assets | JP¥1.91t |
Financial Position Analysis
Short Term Liabilities: 2587's short term assets (¥638.9B) exceed its short term liabilities (¥535.7B).
Long Term Liabilities: 2587's short term assets (¥638.9B) exceed its long term liabilities (¥191.7B).
Debt to Equity History and Analysis
Debt Level: 2587 has more cash than its total debt.
Reducing Debt: 2587's debt to equity ratio has reduced from 33.9% to 6.3% over the past 5 years.
Debt Coverage: 2587's debt is well covered by operating cash flow (212.7%).
Interest Coverage: 2587 earns more interest than it pays, so coverage of interest payments is not a concern.