Shinto Paint Company Balance Sheet Health
Financial Health criteria checks 3/6
Shinto Paint Company has a total shareholder equity of ¥14.5B and total debt of ¥5.6B, which brings its debt-to-equity ratio to 38.9%. Its total assets and total liabilities are ¥32.5B and ¥18.0B respectively.
Key information
38.9%
Debt to equity ratio
JP¥5.63b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥3.28b |
| Equity | JP¥14.46b |
| Total liabilities | JP¥18.01b |
| Total assets | JP¥32.47b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4615's short term assets (¥12.7B) exceed its short term liabilities (¥9.7B).
Long Term Liabilities: 4615's short term assets (¥12.7B) exceed its long term liabilities (¥8.4B).
Debt to Equity History and Analysis
Debt Level: 4615's net debt to equity ratio (16.2%) is considered satisfactory.
Reducing Debt: 4615's debt to equity ratio has increased from 27.7% to 38.9% over the past 5 years.
Debt Coverage: 4615's debt is not well covered by operating cash flow (0.9%).
Interest Coverage: Insufficient data to determine if 4615's interest payments on its debt are well covered by EBIT.