Yotai Refractories Balance Sheet Health
Financial Health criteria checks 5/6
Yotai Refractories has a total shareholder equity of ¥32.6B and total debt of ¥240.0M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ¥41.3B and ¥8.8B respectively. Yotai Refractories's EBIT is ¥3.5B making its interest coverage ratio -30.9. It has cash and short-term investments of ¥5.9B.
Key information
0.7%
Debt to equity ratio
JP¥240.00m
Debt
| Interest coverage ratio | -30.9x |
| Cash | JP¥5.90b |
| Equity | JP¥32.56b |
| Total liabilities | JP¥8.76b |
| Total assets | JP¥41.32b |
Recent financial health updates
No updates
Recent updates
We Think That There Are Issues Underlying Yotai Refractories' (TSE:5357) Earnings
Nov 21
Yotai Refractories (TSE:5357) Has Announced A Dividend Of ¥45.00
Aug 19Yotai Refractories (TSE:5357) Is Due To Pay A Dividend Of ¥45.00
Jul 25Yotai Refractories' (TSE:5357) Solid Profits Have Weak Fundamentals
May 23There's No Escaping Yotai Refractories Co., Ltd.'s (TSE:5357) Muted Earnings Despite A 26% Share Price Rise
May 22Yotai Refractories' (TSE:5357) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 28Financial Position Analysis
Short Term Liabilities: 5357's short term assets (¥29.9B) exceed its short term liabilities (¥6.8B).
Long Term Liabilities: 5357's short term assets (¥29.9B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 5357 has more cash than its total debt.
Reducing Debt: 5357's debt to equity ratio has increased from 0% to 0.7% over the past 5 years.
Debt Coverage: 5357's debt is well covered by operating cash flow (1424.2%).
Interest Coverage: 5357 earns more interest than it pays, so coverage of interest payments is not a concern.