Godo Steel Balance Sheet Health
Financial Health criteria checks 6/6
Godo Steel has a total shareholder equity of ¥129.0B and total debt of ¥70.3B, which brings its debt-to-equity ratio to 54.5%. Its total assets and total liabilities are ¥266.5B and ¥137.5B respectively. Godo Steel's EBIT is ¥16.3B making its interest coverage ratio -109.9. It has cash and short-term investments of ¥20.7B.
Key information
54.5%
Debt to equity ratio
JP¥70.32b
Debt
Interest coverage ratio | -109.9x |
Cash | JP¥20.72b |
Equity | JP¥129.00b |
Total liabilities | JP¥137.51b |
Total assets | JP¥266.51b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5410's short term assets (¥141.6B) exceed its short term liabilities (¥90.5B).
Long Term Liabilities: 5410's short term assets (¥141.6B) exceed its long term liabilities (¥47.0B).
Debt to Equity History and Analysis
Debt Level: 5410's net debt to equity ratio (38.4%) is considered satisfactory.
Reducing Debt: 5410's debt to equity ratio has reduced from 71% to 54.5% over the past 5 years.
Debt Coverage: 5410's debt is well covered by operating cash flow (25.4%).
Interest Coverage: 5410 earns more interest than it pays, so coverage of interest payments is not a concern.