Shin-Etsu Chemical Balance Sheet Health
Financial Health criteria checks 6/6
Shin-Etsu Chemical has a total shareholder equity of ¥4,635.7B and total debt of ¥22.7B, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ¥5,327.6B and ¥691.9B respectively. Shin-Etsu Chemical's EBIT is ¥701.2B making its interest coverage ratio -9.3. It has cash and short-term investments of ¥1,720.5B.
Key information
0.5%
Debt to equity ratio
JP¥22.70b
Debt
| Interest coverage ratio | -9.3x |
| Cash | JP¥1.72t |
| Equity | JP¥4.64t |
| Total liabilities | JP¥691.89b |
| Total assets | JP¥5.33t |
Recent financial health updates
Recent updates
Why Shin-Etsu Chemical Co., Ltd. (TSE:4063) Could Be Worth Watching
Aug 13
Shin-Etsu Chemical Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Jul 30Shin-Etsu Chemical (TSE:4063) Has Announced A Dividend Of ¥50.00
Jul 26With Shin-Etsu Chemical Co., Ltd. (TSE:4063) It Looks Like You'll Get What You Pay For
Jul 11Shin-Etsu Chemical (TSE:4063) Will Pay A Dividend Of ¥50.00
Jul 11Shin-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 (¥3,072.3B) exceed its short term liabilities (¥470.5B).
Long Term Liabilities: 4063's short term assets (¥3,072.3B) exceed its long term liabilities (¥221.3B).
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 0.7% to 0.5% over the past 5 years.
Debt Coverage: 4063's debt is well covered by operating cash flow (3410.5%).
Interest Coverage: 4063 earns more interest than it pays, so coverage of interest payments is not a concern.