Zenken Balance Sheet Health
Financial Health criteria checks 6/6
Zenken has a total shareholder equity of ¥12.2B and total debt of ¥553.0M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are ¥14.3B and ¥2.1B respectively. Zenken's EBIT is ¥374.0M making its interest coverage ratio -23.4. It has cash and short-term investments of ¥3.6B.
Key information
4.5%
Debt to equity ratio
JP¥553.00m
Debt
| Interest coverage ratio | -23.4x |
| Cash | JP¥3.61b |
| Equity | JP¥12.23b |
| Total liabilities | JP¥2.05b |
| Total assets | JP¥14.29b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7371's short term assets (¥4.8B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 7371's short term assets (¥4.8B) exceed its long term liabilities (¥772.0M).
Debt to Equity History and Analysis
Debt Level: 7371 has more cash than its total debt.
Reducing Debt: 7371's debt to equity ratio has reduced from 14.7% to 4.5% over the past 5 years.
Debt Coverage: 7371's debt is well covered by operating cash flow (123.3%).
Interest Coverage: 7371 earns more interest than it pays, so coverage of interest payments is not a concern.