Shoei Balance Sheet Health
Financial Health criteria checks 5/6
Shoei has a total shareholder equity of ¥3.3B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 93.6%. Its total assets and total liabilities are ¥9.6B and ¥6.3B respectively. Shoei's EBIT is ¥892.0M making its interest coverage ratio 74.3. It has cash and short-term investments of ¥988.0M.
Key information
93.6%
Debt to equity ratio
JP¥3.10b
Debt
| Interest coverage ratio | 74.3x |
| Cash | JP¥988.00m |
| Equity | JP¥3.31b |
| Total liabilities | JP¥6.26b |
| Total assets | JP¥9.57b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9385's short term assets (¥6.6B) exceed its short term liabilities (¥4.5B).
Long Term Liabilities: 9385's short term assets (¥6.6B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 9385's net debt to equity ratio (63.7%) is considered high.
Reducing Debt: 9385's debt to equity ratio has reduced from 134.9% to 93.6% over the past 5 years.
Debt Coverage: 9385's debt is well covered by operating cash flow (29.9%).
Interest Coverage: 9385's interest payments on its debt are well covered by EBIT (74.3x coverage).