Shofu Balance Sheet Health
Financial Health criteria checks 6/6
Shofu has a total shareholder equity of ¥41.6B and total debt of ¥281.0M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ¥50.1B and ¥8.5B respectively. Shofu's EBIT is ¥4.7B making its interest coverage ratio -20.6. It has cash and short-term investments of ¥9.7B.
Key information
0.7%
Debt to equity ratio
JP¥281.00m
Debt
Interest coverage ratio | -20.6x |
Cash | JP¥9.72b |
Equity | JP¥41.61b |
Total liabilities | JP¥8.49b |
Total assets | JP¥50.09b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7979's short term assets (¥25.2B) exceed its short term liabilities (¥5.6B).
Long Term Liabilities: 7979's short term assets (¥25.2B) exceed its long term liabilities (¥2.9B).
Debt to Equity History and Analysis
Debt Level: 7979 has more cash than its total debt.
Reducing Debt: 7979's debt to equity ratio has reduced from 4% to 0.7% over the past 5 years.
Debt Coverage: 7979's debt is well covered by operating cash flow (1099.3%).
Interest Coverage: 7979 earns more interest than it pays, so coverage of interest payments is not a concern.