Shibaura Mechatronics Balance Sheet Health
Financial Health criteria checks 6/6
Shibaura Mechatronics has a total shareholder equity of ¥36.0B and total debt of ¥8.8B, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are ¥87.7B and ¥51.6B respectively. Shibaura Mechatronics's EBIT is ¥10.7B making its interest coverage ratio 205.7. It has cash and short-term investments of ¥25.3B.
Key information
24.3%
Debt to equity ratio
JP¥8.75b
Debt
| Interest coverage ratio | 205.7x |
| Cash | JP¥25.26b |
| Equity | JP¥36.05b |
| Total liabilities | JP¥51.63b |
| Total assets | JP¥87.68b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6590's short term assets (¥71.9B) exceed its short term liabilities (¥39.7B).
Long Term Liabilities: 6590's short term assets (¥71.9B) exceed its long term liabilities (¥12.0B).
Debt to Equity History and Analysis
Debt Level: 6590 has more cash than its total debt.
Reducing Debt: 6590's debt to equity ratio has reduced from 65.6% to 24.3% over the past 5 years.
Debt Coverage: 6590's debt is well covered by operating cash flow (51.6%).
Interest Coverage: 6590's interest payments on its debt are well covered by EBIT (205.7x coverage).