Shin-Etsu PolymerLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shin-Etsu PolymerLtd has a total shareholder equity of ¥121.4B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥149.9B and ¥28.5B respectively. Shin-Etsu PolymerLtd's EBIT is ¥12.1B making its interest coverage ratio -57.9. It has cash and short-term investments of ¥44.1B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -57.9x |
| Cash | JP¥44.14b |
| Equity | JP¥121.42b |
| Total liabilities | JP¥28.49b |
| Total assets | JP¥149.91b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7970's short term assets (¥95.7B) exceed its short term liabilities (¥25.5B).
Long Term Liabilities: 7970's short term assets (¥95.7B) exceed its long term liabilities (¥3.0B).
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.