Joshin Denki Balance Sheet Health
Financial Health criteria checks 3/6
Joshin Denki has a total shareholder equity of ¥102.5B and total debt of ¥50.6B, which brings its debt-to-equity ratio to 49.3%. Its total assets and total liabilities are ¥245.5B and ¥143.1B respectively. Joshin Denki's EBIT is ¥8.7B making its interest coverage ratio 414.4. It has cash and short-term investments of ¥3.9B.
Key information
49.3%
Debt to equity ratio
JP¥50.56b
Debt
Interest coverage ratio | 414.4x |
Cash | JP¥3.95b |
Equity | JP¥102.46b |
Total liabilities | JP¥143.08b |
Total assets | JP¥245.54b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8173's short term assets (¥137.7B) exceed its short term liabilities (¥102.2B).
Long Term Liabilities: 8173's short term assets (¥137.7B) exceed its long term liabilities (¥40.9B).
Debt to Equity History and Analysis
Debt Level: 8173's net debt to equity ratio (45.5%) is considered high.
Reducing Debt: 8173's debt to equity ratio has increased from 46.1% to 49.3% over the past 5 years.
Debt Coverage: 8173's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: 8173's interest payments on its debt are well covered by EBIT (414.4x coverage).