Shinnihonseiyaku Balance Sheet Health
Financial Health criteria checks 5/6
Shinnihonseiyaku has a total shareholder equity of ¥19.7B and total debt of ¥396.0M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are ¥24.8B and ¥5.1B respectively. Shinnihonseiyaku's EBIT is ¥4.1B making its interest coverage ratio 4081. It has cash and short-term investments of ¥14.5B.
Key information
2.0%
Debt to equity ratio
JP¥396.00m
Debt
Interest coverage ratio | 4081x |
Cash | JP¥14.54b |
Equity | JP¥19.74b |
Total liabilities | JP¥5.08b |
Total assets | JP¥24.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4931's short term assets (¥20.7B) exceed its short term liabilities (¥4.4B).
Long Term Liabilities: 4931's short term assets (¥20.7B) exceed its long term liabilities (¥721.0M).
Debt to Equity History and Analysis
Debt Level: 4931 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 4931's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 4931's debt is well covered by operating cash flow (875.8%).
Interest Coverage: 4931's interest payments on its debt are well covered by EBIT (4081x coverage).