Zenrin Balance Sheet Health
Financial Health criteria checks 6/6
Zenrin has a total shareholder equity of ¥49.3B and total debt of ¥4.6B, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are ¥75.4B and ¥26.1B respectively. Zenrin's EBIT is ¥2.0B making its interest coverage ratio -24.5. It has cash and short-term investments of ¥13.2B.
Key information
9.4%
Debt to equity ratio
JP¥4.63b
Debt
Interest coverage ratio | -24.5x |
Cash | JP¥13.23b |
Equity | JP¥49.32b |
Total liabilities | JP¥26.08b |
Total assets | JP¥75.40b |
Recent financial health updates
No updates
Recent updates
Why Zenrin's (TSE:9474) Shaky Earnings Are Just The Beginning Of Its Problems
May 03Zenrin Co., Ltd. (TSE:9474) Not Flying Under The Radar
Apr 30Zenrin (TSE:9474) Will Pay A Dividend Of ¥13.50
Mar 26Zenrin (TSE:9474) Has Announced A Dividend Of ¥13.50
Mar 12Zenrin (TSE:9474) Has Affirmed Its Dividend Of ¥13.50
Feb 26Financial Position Analysis
Short Term Liabilities: 9474's short term assets (¥29.4B) exceed its short term liabilities (¥22.4B).
Long Term Liabilities: 9474's short term assets (¥29.4B) exceed its long term liabilities (¥3.7B).
Debt to Equity History and Analysis
Debt Level: 9474 has more cash than its total debt.
Reducing Debt: 9474's debt to equity ratio has reduced from 25.4% to 9.4% over the past 5 years.
Debt Coverage: 9474's debt is well covered by operating cash flow (136.6%).
Interest Coverage: 9474 earns more interest than it pays, so coverage of interest payments is not a concern.