Gun Ei Chemical Industry Balance Sheet Health
Financial Health criteria checks 6/6
Gun Ei Chemical Industry has a total shareholder equity of ¥50.7B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥60.8B and ¥10.1B respectively. Gun Ei Chemical Industry's EBIT is ¥2.6B making its interest coverage ratio -9.4. It has cash and short-term investments of ¥9.6B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -9.4x |
| Cash | JP¥9.62b |
| Equity | JP¥50.73b |
| Total liabilities | JP¥10.08b |
| Total assets | JP¥60.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4229's short term assets (¥24.1B) exceed its short term liabilities (¥7.0B).
Long Term Liabilities: 4229's short term assets (¥24.1B) exceed its long term liabilities (¥3.0B).
Debt to Equity History and Analysis
Debt Level: 4229 is debt free.
Reducing Debt: 4229 has no debt compared to 5 years ago when its debt to equity ratio was 2.2%.
Debt Coverage: 4229 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 4229 has no debt, therefore coverage of interest payments is not a concern.