Shofu Balance Sheet Health
Financial Health criteria checks 6/6
Shofu has a total shareholder equity of ¥42.1B and total debt of ¥500.0M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ¥50.6B and ¥8.5B respectively. Shofu's EBIT is ¥5.1B making its interest coverage ratio -21.3. It has cash and short-term investments of ¥9.4B.
Key information
1.2%
Debt to equity ratio
JP¥500.00m
Debt
Interest coverage ratio | -21.3x |
Cash | JP¥9.39b |
Equity | JP¥42.06b |
Total liabilities | JP¥8.52b |
Total assets | JP¥50.58b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7979's short term assets (¥26.1B) exceed its short term liabilities (¥6.0B).
Long Term Liabilities: 7979's short term assets (¥26.1B) exceed its long term liabilities (¥2.5B).
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 5.8% to 1.2% over the past 5 years.
Debt Coverage: 7979's debt is well covered by operating cash flow (617.8%).
Interest Coverage: 7979 earns more interest than it pays, so coverage of interest payments is not a concern.