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Shinoken Group Balance Sheet Health
Financial Health criteria checks 6/6
Key information
101.43%
Debt to equity ratio
JP¥47.52b
Debt
| Interest coverage ratio | 31x |
| Cash | JP¥45.40b |
| Equity | JP¥46.85b |
| Total liabilities | JP¥64.36b |
| Total assets | JP¥111.21b |
Recent financial health updates
Shinoken Group (TYO:8909) Seems To Use Debt Quite Sensibly
Feb 25
Does Shinoken Group (TYO:8909) Have A Healthy Balance Sheet?
Nov 18
Recent updates
Shinoken Group (TYO:8909) Seems To Use Debt Quite Sensibly
Feb 25Shinoken Group Co., Ltd.'s (TYO:8909) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Feb 03What Makes Shinoken Group Co., Ltd. (TYO:8909) A Great Dividend Stock?
Jan 13What You Need To Know About Shinoken Group Co., Ltd.'s (TYO:8909) Investor Composition
Dec 24Shinoken Group Co., Ltd. (TYO:8909) Passed Our Checks, And It's About To Pay A JP¥18.50 Dividend
Dec 24Did You Miss Shinoken Group's (TYO:8909) 34% Share Price Gain?
Dec 09Does Shinoken Group (TYO:8909) Have A Healthy Balance Sheet?
Nov 18Financial Position Analysis
Short Term Liabilities: 8909's short term assets (¥95.5B) exceed its short term liabilities (¥50.0B).
Long Term Liabilities: 8909's short term assets (¥95.5B) exceed its long term liabilities (¥14.3B).
Debt to Equity History and Analysis
Debt Level: 8909's net debt to equity ratio (4.5%) is considered satisfactory.
Reducing Debt: 8909's debt to equity ratio has reduced from 185.1% to 101.4% over the past 5 years.
Debt Coverage: 8909's debt is well covered by operating cash flow (20.8%).
Interest Coverage: 8909's interest payments on its debt are well covered by EBIT (31x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/12/27 16:52 |
| End of Day Share Price | 2022/12/21 00:00 |
| Earnings | 2022/09/30 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Shinoken Group Co., Ltd. is covered by 3 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jiro Kojima | Daiwa Securities Co. Ltd. |
| Yoko Mizoguchi | Ichiyoshi Research Institute Inc. |
| Kouki Ozawa | Mitsubishi UFJ Morgan Stanley Securities Company Limited |