Yoshimura Food Holdings K.K Balance Sheet Health
Financial Health criteria checks 3/6
Yoshimura Food Holdings K.K has a total shareholder equity of ¥13.8B and total debt of ¥31.7B, which brings its debt-to-equity ratio to 229.5%. Its total assets and total liabilities are ¥54.3B and ¥40.5B respectively. Yoshimura Food Holdings K.K's EBIT is ¥3.1B making its interest coverage ratio 14.6. It has cash and short-term investments of ¥11.5B.
Key information
229.5%
Debt to equity ratio
JP¥31.65b
Debt
Interest coverage ratio | 14.6x |
Cash | JP¥11.45b |
Equity | JP¥13.79b |
Total liabilities | JP¥40.48b |
Total assets | JP¥54.28b |
Recent financial health updates
Recent updates
Is Now The Time To Put Yoshimura Food Holdings K.K (TSE:2884) On Your Watchlist?
Jul 16These 4 Measures Indicate That Yoshimura Food Holdings K.K (TSE:2884) Is Using Debt Reasonably Well
Jun 05The Strong Earnings Posted By Yoshimura Food Holdings K.K (TSE:2884) Are A Good Indication Of The Strength Of The Business
Apr 22Yoshimura Food Holdings K.K. (TSE:2884) Looks Just Right With A 25% Price Jump
Feb 26Financial Position Analysis
Short Term Liabilities: 2884's short term assets (¥30.5B) exceed its short term liabilities (¥25.7B).
Long Term Liabilities: 2884's short term assets (¥30.5B) exceed its long term liabilities (¥14.8B).
Debt to Equity History and Analysis
Debt Level: 2884's net debt to equity ratio (146.4%) is considered high.
Reducing Debt: 2884's debt to equity ratio has increased from 172.7% to 229.5% over the past 5 years.
Debt Coverage: 2884's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: 2884's interest payments on its debt are well covered by EBIT (14.6x coverage).