Shoei Balance Sheet Health
Financial Health criteria checks 5/6
Shoei has a total shareholder equity of ¥3.9B and total debt of ¥3.4B, which brings its debt-to-equity ratio to 88%. Its total assets and total liabilities are ¥9.8B and ¥6.0B respectively. Shoei's EBIT is ¥644.0M making its interest coverage ratio 33.9. It has cash and short-term investments of ¥939.0M.
Key information
88.0%
Debt to equity ratio
JP¥3.40b
Debt
Interest coverage ratio | 33.9x |
Cash | JP¥939.00m |
Equity | JP¥3.87b |
Total liabilities | JP¥5.96b |
Total assets | JP¥9.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9385's short term assets (¥6.8B) exceed its short term liabilities (¥5.0B).
Long Term Liabilities: 9385's short term assets (¥6.8B) exceed its long term liabilities (¥953.0M).
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 107.3% to 88% over the past 5 years.
Debt Coverage: 9385's debt is well covered by operating cash flow (47.2%).
Interest Coverage: 9385's interest payments on its debt are well covered by EBIT (33.9x coverage).