SHOBIDO Balance Sheet Health
Financial Health criteria checks 5/6
SHOBIDO has a total shareholder equity of ¥6.2B and total debt of ¥5.5B, which brings its debt-to-equity ratio to 89%. Its total assets and total liabilities are ¥14.8B and ¥8.7B respectively. SHOBIDO's EBIT is ¥961.0M making its interest coverage ratio -480.5. It has cash and short-term investments of ¥4.4B.
Key information
89.0%
Debt to equity ratio
JP¥5.47b
Debt
Interest coverage ratio | -480.5x |
Cash | JP¥4.38b |
Equity | JP¥6.15b |
Total liabilities | JP¥8.66b |
Total assets | JP¥14.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7819's short term assets (¥11.3B) exceed its short term liabilities (¥6.0B).
Long Term Liabilities: 7819's short term assets (¥11.3B) exceed its long term liabilities (¥2.6B).
Debt to Equity History and Analysis
Debt Level: 7819's net debt to equity ratio (17.7%) is considered satisfactory.
Reducing Debt: 7819's debt to equity ratio has reduced from 97.4% to 89% over the past 5 years.
Debt Coverage: 7819's debt is not well covered by operating cash flow (0.6%).
Interest Coverage: 7819 earns more interest than it pays, so coverage of interest payments is not a concern.