Shinnihonseiyaku Balance Sheet Health
Financial Health criteria checks 5/6
Shinnihonseiyaku has a total shareholder equity of ¥21.2B and total debt of ¥300.0M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ¥26.0B and ¥4.9B respectively. Shinnihonseiyaku's EBIT is ¥71.9B making its interest coverage ratio -10277.7. It has cash and short-term investments of ¥16.0B.
Key information
1.4%
Debt to equity ratio
JP¥300.00m
Debt
| Interest coverage ratio | -10277.7x |
| Cash | JP¥16.03b |
| Equity | JP¥21.15b |
| Total liabilities | JP¥4.88b |
| Total assets | JP¥26.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4931's short term assets (¥22.0B) exceed its short term liabilities (¥4.2B).
Long Term Liabilities: 4931's short term assets (¥22.0B) exceed its long term liabilities (¥628.0M).
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 (1170.3%).
Interest Coverage: 4931 earns more interest than it pays, so coverage of interest payments is not a concern.