Shin-Etsu Chemical Balance Sheet Health
Financial Health criteria checks 6/6
Shin-Etsu Chemical has a total shareholder equity of ¥4,424.1B and total debt of ¥24.3B, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ¥5,148.0B and ¥723.9B respectively. Shin-Etsu Chemical's EBIT is ¥701.0B making its interest coverage ratio -10.5. It has cash and short-term investments of ¥1,719.7B.
Key information
0.5%
Debt to equity ratio
JP¥24.30b
Debt
Interest coverage ratio | -10.5x |
Cash | JP¥1.72t |
Equity | JP¥4.42t |
Total liabilities | JP¥723.90b |
Total assets | JP¥5.15t |
Recent financial health updates
Recent updates
Shin-Etsu Chemical (TSE:4063) Has More To Do To Multiply In Value Going Forward
Jun 08Calculating The Intrinsic Value Of Shin-Etsu Chemical Co., Ltd. (TSE:4063)
May 12Analysts Have Made A Financial Statement On Shin-Etsu Chemical Co., Ltd.'s (TSE:4063) Full-Year Report
Apr 28What Is Shin-Etsu Chemical Co., Ltd.'s (TSE:4063) Share Price Doing?
Apr 24These 4 Measures Indicate That Shin-Etsu Chemical (TSE:4063) Is Using Debt Reasonably Well
Apr 09Shin-Etsu Chemical (TSE:4063) Is Due To Pay A Dividend Of ¥50.00
Mar 14What Shin-Etsu Chemical Co., Ltd.'s (TSE:4063) P/E Is Not Telling You
Mar 13Financial Position Analysis
Short Term Liabilities: 4063's short term assets (¥3,036.5B) exceed its short term liabilities (¥520.4B).
Long Term Liabilities: 4063's short term assets (¥3,036.5B) exceed its long term liabilities (¥203.5B).
Debt to Equity History and Analysis
Debt Level: 4063 has more cash than its total debt.
Reducing Debt: 4063's debt to equity ratio has reduced from 0.6% to 0.5% over the past 5 years.
Debt Coverage: 4063's debt is well covered by operating cash flow (3107.9%).
Interest Coverage: 4063 earns more interest than it pays, so coverage of interest payments is not a concern.