Zenken Balance Sheet Health
Financial Health criteria checks 5/6
Zenken has a total shareholder equity of ¥12.2B and total debt of ¥627.0M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are ¥14.3B and ¥2.1B respectively. Zenken's EBIT is ¥620.0M making its interest coverage ratio -56.4. It has cash and short-term investments of ¥3.9B.
Key information
5.1%
Debt to equity ratio
JP¥627.00m
Debt
Interest coverage ratio | -56.4x |
Cash | JP¥3.89b |
Equity | JP¥12.18b |
Total liabilities | JP¥2.11b |
Total assets | JP¥14.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7371's short term assets (¥4.6B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 7371's short term assets (¥4.6B) exceed its long term liabilities (¥850.0M).
Debt to Equity History and Analysis
Debt Level: 7371 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 7371's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7371's debt is well covered by operating cash flow (49%).
Interest Coverage: 7371 earns more interest than it pays, so coverage of interest payments is not a concern.