Showa Paxxs Balance Sheet Health

Financial Health criteria checks 6/6

Showa Paxxs has a total shareholder equity of ¥23.9B and total debt of ¥1.3B, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are ¥33.7B and ¥9.8B respectively. Showa Paxxs's EBIT is ¥1.1B making its interest coverage ratio -5.5. It has cash and short-term investments of ¥9.3B.

Key information

5.5%

Debt to equity ratio

JP¥1.31b

Debt

Interest coverage ratio-5.5x
CashJP¥9.29b
EquityJP¥23.86b
Total liabilitiesJP¥9.81b
Total assetsJP¥33.67b

Recent financial health updates

Recent updates

Here's Why Showa Paxxs (TSE:3954) Can Manage Its Debt Responsibly

Aug 06
Here's Why Showa Paxxs (TSE:3954) Can Manage Its Debt Responsibly

Concerns Surrounding Showa Paxxs' (TSE:3954) Performance

May 21
Concerns Surrounding Showa Paxxs' (TSE:3954) Performance

Is Showa Paxxs Corporation's (TYO:3954) 2.1% Dividend Worth Your Time?

May 07
Is Showa Paxxs Corporation's (TYO:3954) 2.1% Dividend Worth Your Time?

Should We Be Excited About The Trends Of Returns At Showa Paxxs (TYO:3954)?

Mar 21
Should We Be Excited About The Trends Of Returns At Showa Paxxs (TYO:3954)?

Shareholders Of Showa Paxxs (TYO:3954) Must Be Happy With Their 102% Total Return

Feb 28
Shareholders Of Showa Paxxs (TYO:3954) Must Be Happy With Their 102% Total Return

Showa Paxxs Corporation's (TYO:3954) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

Feb 05
Showa Paxxs Corporation's (TYO:3954) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

These 4 Measures Indicate That Showa Paxxs (TYO:3954) Is Using Debt Safely

Jan 15
These 4 Measures Indicate That Showa Paxxs (TYO:3954) Is Using Debt Safely

The Returns At Showa Paxxs (TYO:3954) Provide Us With Signs Of What's To Come

Dec 21
The Returns At Showa Paxxs (TYO:3954) Provide Us With Signs Of What's To Come

Update: Showa Paxxs (TYO:3954) Stock Gained 54% In The Last Five Years

Nov 30
Update: Showa Paxxs (TYO:3954) Stock Gained 54% In The Last Five Years

Financial Position Analysis

Short Term Liabilities: 3954's short term assets (¥19.9B) exceed its short term liabilities (¥7.6B).

Long Term Liabilities: 3954's short term assets (¥19.9B) exceed its long term liabilities (¥2.2B).


Debt to Equity History and Analysis

Debt Level: 3954 has more cash than its total debt.

Reducing Debt: 3954's debt to equity ratio has reduced from 7.9% to 5.5% over the past 5 years.

Debt Coverage: 3954's debt is well covered by operating cash flow (75.8%).

Interest Coverage: 3954 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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