Shin-Etsu PolymerLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shin-Etsu PolymerLtd has a total shareholder equity of ¥115.9B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥146.0B and ¥30.1B respectively. Shin-Etsu PolymerLtd's EBIT is ¥11.2B making its interest coverage ratio -66.8. It has cash and short-term investments of ¥42.2B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -66.8x |
Cash | JP¥42.25b |
Equity | JP¥115.94b |
Total liabilities | JP¥30.09b |
Total assets | JP¥146.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7970's short term assets (¥93.6B) exceed its short term liabilities (¥27.1B).
Long Term Liabilities: 7970's short term assets (¥93.6B) 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.