Yutaka Foods Balance Sheet Health
Financial Health criteria checks 6/6
Yutaka Foods has a total shareholder equity of ¥21.9B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥24.6B and ¥2.7B respectively. Yutaka Foods's EBIT is ¥687.0M making its interest coverage ratio -8.2. It has cash and short-term investments of ¥8.9B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -8.2x |
Cash | JP¥8.93b |
Equity | JP¥21.92b |
Total liabilities | JP¥2.71b |
Total assets | JP¥24.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2806's short term assets (¥17.3B) exceed its short term liabilities (¥1.7B).
Long Term Liabilities: 2806's short term assets (¥17.3B) exceed its long term liabilities (¥975.0M).
Debt to Equity History and Analysis
Debt Level: 2806 is debt free.
Reducing Debt: 2806 has not had any debt for past 5 years.
Debt Coverage: 2806 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2806 has no debt, therefore coverage of interest payments is not a concern.