Shibaura Mechatronics Balance Sheet Health
Financial Health criteria checks 6/6
Shibaura Mechatronics has a total shareholder equity of ¥40.6B and total debt of ¥8.7B, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are ¥88.8B and ¥48.3B respectively. Shibaura Mechatronics's EBIT is ¥12.4B making its interest coverage ratio 591.4. It has cash and short-term investments of ¥28.3B.
Key information
21.3%
Debt to equity ratio
JP¥8.65b
Debt
| Interest coverage ratio | 591.4x |
| Cash | JP¥28.26b |
| Equity | JP¥40.57b |
| Total liabilities | JP¥48.27b |
| Total assets | JP¥88.84b |
Recent financial health updates
No updates
Recent updates
Earnings Working Against Shibaura Mechatronics Corporation's (TSE:6590) Share Price Following 30% Dive
Nov 27
Why Shibaura Mechatronics' (TSE:6590) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 21Shibaura Mechatronics' (TSE:6590) Upcoming Dividend Will Be Larger Than Last Year's
Nov 10Shibaura Mechatronics Corporation Just Beat Revenue Estimates By 7.5%
Nov 09Optimistic Investors Push Shibaura Mechatronics Corporation (TSE:6590) Shares Up 27% But Growth Is Lacking
Oct 07Is Shibaura Mechatronics Corporation (TSE:6590) Worth JP¥8.2k Based On Its Intrinsic Value?
Sep 25Little Excitement Around Shibaura Mechatronics Corporation's (TSE:6590) Earnings As Shares Take 38% Pounding
Aug 06Shibaura Mechatronics Corporation's (TSE:6590) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Jun 04Earnings Troubles May Signal Larger Issues for Shibaura Mechatronics (TSE:6590) Shareholders
May 21At JP¥6,820, Is It Time To Put Shibaura Mechatronics Corporation (TSE:6590) On Your Watch List?
May 10Shibaura Mechatronics Corporation's (TSE:6590) Intrinsic Value Is Potentially 18% Below Its Share Price
Apr 22Financial Position Analysis
Short Term Liabilities: 6590's short term assets (¥70.4B) exceed its short term liabilities (¥38.3B).
Long Term Liabilities: 6590's short term assets (¥70.4B) exceed its long term liabilities (¥10.0B).
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 59.2% to 21.3% over the past 5 years.
Debt Coverage: 6590's debt is well covered by operating cash flow (62.8%).
Interest Coverage: 6590's interest payments on its debt are well covered by EBIT (591.4x coverage).