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 |
Cash | JP¥9.29b |
Equity | JP¥23.86b |
Total liabilities | JP¥9.81b |
Total assets | JP¥33.67b |
Recent financial health updates
Here's Why Showa Paxxs (TSE:3954) Can Manage Its Debt Responsibly
Aug 06These 4 Measures Indicate That Showa Paxxs (TYO:3954) Is Using Debt Safely
Jan 15Recent updates
Here's Why Showa Paxxs (TSE:3954) Can Manage Its Debt Responsibly
Aug 06Concerns Surrounding Showa Paxxs' (TSE:3954) Performance
May 21Is Showa Paxxs Corporation's (TYO:3954) 2.1% Dividend Worth Your Time?
May 07Should We Be Excited About The Trends Of Returns At Showa Paxxs (TYO:3954)?
Mar 21Shareholders Of Showa Paxxs (TYO:3954) Must Be Happy With Their 102% Total Return
Feb 28Showa Paxxs Corporation's (TYO:3954) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Feb 05These 4 Measures Indicate That Showa Paxxs (TYO:3954) Is Using Debt Safely
Jan 15The Returns At Showa Paxxs (TYO:3954) Provide Us With Signs Of What's To Come
Dec 21Update: Showa Paxxs (TYO:3954) Stock Gained 54% In The Last Five Years
Nov 30Financial 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.