Yaizu Suisankagaku IndustryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Yaizu Suisankagaku IndustryLtd has a total shareholder equity of ¥19.0B and total debt of ¥50.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ¥21.4B and ¥2.4B respectively. Yaizu Suisankagaku IndustryLtd's EBIT is ¥165.0M making its interest coverage ratio -4.5. It has cash and short-term investments of ¥6.6B.
Key information
0.3%
Debt to equity ratio
JP¥50.00m
Debt
Interest coverage ratio | -4.5x |
Cash | JP¥6.60b |
Equity | JP¥18.97b |
Total liabilities | JP¥2.44b |
Total assets | JP¥21.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2812's short term assets (¥13.7B) exceed its short term liabilities (¥2.0B).
Long Term Liabilities: 2812's short term assets (¥13.7B) exceed its long term liabilities (¥422.0M).
Debt to Equity History and Analysis
Debt Level: 2812 has more cash than its total debt.
Reducing Debt: 2812's debt to equity ratio has reduced from 4.1% to 0.3% over the past 5 years.
Debt Coverage: 2812's debt is well covered by operating cash flow (102%).
Interest Coverage: 2812 earns more interest than it pays, so coverage of interest payments is not a concern.