Shinagawa Refra Balance Sheet Health
Financial Health criteria checks 3/6
Shinagawa Refra has a total shareholder equity of ¥93.1B and total debt of ¥75.2B, which brings its debt-to-equity ratio to 80.8%. Its total assets and total liabilities are ¥213.8B and ¥120.7B respectively. Shinagawa Refra's EBIT is ¥13.1B making its interest coverage ratio -72. It has cash and short-term investments of ¥26.2B.
Key information
80.81%
Debt to equity ratio
JP¥75.23b
Debt
| Interest coverage ratio | -72x |
| Cash | JP¥26.15b |
| Equity | JP¥93.10b |
| Total liabilities | JP¥120.68b |
| Total assets | JP¥213.78b |
Recent financial health updates
No updates
Recent updates
Shinagawa Refractories' (TSE:5351) Dividend Will Be ¥45.00
Sep 21
Shinagawa Refractories (TSE:5351) Will Pay A Dividend Of ¥45.00
Sep 05Shinagawa Refractories (TSE:5351) Will Pay A Dividend Of ¥45.00
Aug 21Shinagawa Refractories (TSE:5351) Will Pay A Dividend Of ¥45.00
Aug 07Shinagawa Refractories (TSE:5351) Has Announced A Dividend Of ¥45.00
Jul 24Shinagawa Refractories (TSE:5351) Is Paying Out A Dividend Of ¥45.00
Jul 10Why Shinagawa Refractories' (TSE:5351) Shaky Earnings Are Just The Beginning Of Its Problems
May 28Earnings Troubles May Signal Larger Issues for Shinagawa Refractories (TSE:5351) Shareholders
Nov 27The Market Doesn't Like What It Sees From Shinagawa Refractories Co., Ltd.'s (TSE:5351) Earnings Yet As Shares Tumble 28%
Aug 05Additional Considerations Required While Assessing Shinagawa Refractories' (TSE:5351) Strong Earnings
May 22Financial Position Analysis
Short Term Liabilities: 5351's short term assets (¥111.5B) exceed its short term liabilities (¥77.2B).
Long Term Liabilities: 5351's short term assets (¥111.5B) exceed its long term liabilities (¥43.5B).
Debt to Equity History and Analysis
Debt Level: 5351's net debt to equity ratio (52.7%) is considered high.
Reducing Debt: 5351's debt to equity ratio has increased from 22.4% to 80.8% over the past 5 years.
Debt Coverage: 5351's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: 5351 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/18 02:18 |
| End of Day Share Price | 2025/10/17 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Shinagawa Refra Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ryousuke Kiyota | Tokai Tokyo Intelligence Laboratory Co., Ltd. |