Yamax Balance Sheet Health
Financial Health criteria checks 6/6
Yamax has a total shareholder equity of ¥6.6B and total debt of ¥2.1B, which brings its debt-to-equity ratio to 32.6%. Its total assets and total liabilities are ¥16.4B and ¥9.8B respectively. Yamax's EBIT is ¥1.6B making its interest coverage ratio 226.3. It has cash and short-term investments of ¥1.5B.
Key information
32.6%
Debt to equity ratio
JP¥2.14b
Debt
| Interest coverage ratio | 226.3x |
| Cash | JP¥1.51b |
| Equity | JP¥6.58b |
| Total liabilities | JP¥9.83b |
| Total assets | JP¥16.40b |
Recent financial health updates
Does Yamax (TSE:5285) Have A Healthy Balance Sheet?
Mar 21
Does Yamax (TYO:5285) Have A Healthy Balance Sheet?
Mar 23Is Yamax (TYO:5285) A Risky Investment?
Dec 23Recent updates
Does Yamax (TSE:5285) Have A Healthy Balance Sheet?
Mar 21Even With A 32% Surge, Cautious Investors Are Not Rewarding Yamax Corp.'s (TSE:5285) Performance Completely
Feb 26Is Yamax Corp. (TYO:5285) A Smart Choice For Dividend Investors?
Apr 21Does Yamax (TYO:5285) Have A Healthy Balance Sheet?
Mar 23Should We Be Excited About The Trends Of Returns At Yamax (TYO:5285)?
Feb 15
Three Things You Should Check Before Buying Yamax Corp. (TYO:5285) For Its Dividend
Jan 17Is Yamax (TYO:5285) A Risky Investment?
Dec 23Should You Use Yamax's (TYO:5285) Statutory Earnings To Analyse It?
Dec 02Financial Position Analysis
Short Term Liabilities: 5285's short term assets (¥9.8B) exceed its short term liabilities (¥8.2B).
Long Term Liabilities: 5285's short term assets (¥9.8B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 5285's net debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: 5285's debt to equity ratio has reduced from 74.1% to 32.6% over the past 5 years.
Debt Coverage: 5285's debt is well covered by operating cash flow (78.4%).
Interest Coverage: 5285's interest payments on its debt are well covered by EBIT (226.3x coverage).