Shinto Paint Company Balance Sheet Health
Financial Health criteria checks 5/6
Shinto Paint Company has a total shareholder equity of ¥14.2B and total debt of ¥5.7B, which brings its debt-to-equity ratio to 40.5%. Its total assets and total liabilities are ¥33.0B and ¥18.8B respectively.
Key information
40.5%
Debt to equity ratio
JP¥5.75b
Debt
Interest coverage ratio | n/a |
Cash | JP¥3.46b |
Equity | JP¥14.21b |
Total liabilities | JP¥18.84b |
Total assets | JP¥33.04b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4615's short term assets (¥13.2B) exceed its short term liabilities (¥9.9B).
Long Term Liabilities: 4615's short term assets (¥13.2B) exceed its long term liabilities (¥9.0B).
Debt to Equity History and Analysis
Debt Level: 4615's net debt to equity ratio (16.1%) is considered satisfactory.
Reducing Debt: 4615's debt to equity ratio has increased from 29.5% to 40.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 4615 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 4615 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 42.9% each year