Godo Steel Balance Sheet Health
Financial Health criteria checks 6/6
Godo Steel has a total shareholder equity of ¥128.6B and total debt of ¥69.9B, which brings its debt-to-equity ratio to 54.3%. Its total assets and total liabilities are ¥270.8B and ¥142.2B respectively. Godo Steel's EBIT is ¥17.9B making its interest coverage ratio -425. It has cash and short-term investments of ¥24.4B.
Key information
54.3%
Debt to equity ratio
JP¥69.90b
Debt
Interest coverage ratio | -425x |
Cash | JP¥24.39b |
Equity | JP¥128.61b |
Total liabilities | JP¥142.20b |
Total assets | JP¥270.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5410's short term assets (¥145.0B) exceed its short term liabilities (¥94.9B).
Long Term Liabilities: 5410's short term assets (¥145.0B) exceed its long term liabilities (¥47.3B).
Debt to Equity History and Analysis
Debt Level: 5410's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: 5410's debt to equity ratio has reduced from 68.4% to 54.3% over the past 5 years.
Debt Coverage: 5410's debt is well covered by operating cash flow (25.5%).
Interest Coverage: 5410 earns more interest than it pays, so coverage of interest payments is not a concern.