Shin-Etsu PolymerLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shin-Etsu PolymerLtd has a total shareholder equity of ¥113.0B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥140.8B and ¥27.8B respectively. Shin-Etsu PolymerLtd's EBIT is ¥11.1B making its interest coverage ratio -85. It has cash and short-term investments of ¥42.5B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -85x |
Cash | JP¥42.45b |
Equity | JP¥112.97b |
Total liabilities | JP¥27.81b |
Total assets | JP¥140.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7970's short term assets (¥92.7B) exceed its short term liabilities (¥24.9B).
Long Term Liabilities: 7970's short term assets (¥92.7B) exceed its long term liabilities (¥2.9B).
Debt to Equity History and Analysis
Debt Level: 7970 is debt free.
Reducing Debt: 7970 had no debt 5 years ago.
Debt Coverage: 7970 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 7970 has no debt, therefore coverage of interest payments is not a concern.