ShunbinLtd Balance Sheet Health
Financial Health criteria checks 2/6
ShunbinLtd has a total shareholder equity of ¥261.0M and total debt of ¥269.0M, which brings its debt-to-equity ratio to 103.1%. Its total assets and total liabilities are ¥814.0M and ¥553.0M respectively. ShunbinLtd's EBIT is ¥6.0M making its interest coverage ratio 3. It has cash and short-term investments of ¥111.0M.
Key information
103.1%
Debt to equity ratio
JP¥269.00m
Debt
| Interest coverage ratio | 3x |
| Cash | JP¥111.00m |
| Equity | JP¥261.00m |
| Total liabilities | JP¥553.00m |
| Total assets | JP¥814.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 203A's short term assets (¥359.0M) exceed its short term liabilities (¥302.0M).
Long Term Liabilities: 203A's short term assets (¥359.0M) exceed its long term liabilities (¥251.0M).
Debt to Equity History and Analysis
Debt Level: 203A's net debt to equity ratio (60.5%) is considered high.
Reducing Debt: Insufficient data to determine if 203A's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 203A's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: 203A's interest payments on its debt are not well covered by EBIT (3x coverage).