Shikino High-TechLTD Balance Sheet Health
Financial Health criteria checks 5/6
Shikino High-TechLTD has a total shareholder equity of ¥2.5B and total debt of ¥971.0M, which brings its debt-to-equity ratio to 39%. Its total assets and total liabilities are ¥5.5B and ¥3.0B respectively. Shikino High-TechLTD's EBIT is ¥279.0M making its interest coverage ratio 139.5. It has cash and short-term investments of ¥416.0M.
Key information
39.0%
Debt to equity ratio
JP¥971.00m
Debt
| Interest coverage ratio | 139.5x |
| Cash | JP¥416.00m |
| Equity | JP¥2.49b |
| Total liabilities | JP¥3.03b |
| Total assets | JP¥5.52b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6614's short term assets (¥3.6B) exceed its short term liabilities (¥1.8B).
Long Term Liabilities: 6614's short term assets (¥3.6B) exceed its long term liabilities (¥1.3B).
Debt to Equity History and Analysis
Debt Level: 6614's net debt to equity ratio (22.3%) is considered satisfactory.
Reducing Debt: 6614's debt to equity ratio has reduced from 148.2% to 39% over the past 5 years.
Debt Coverage: 6614's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: 6614's interest payments on its debt are well covered by EBIT (139.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 07:30 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Shikino High-Tech CO.,LTD. is covered by 2 analysts. 0 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 |
|---|---|
| Michihiro Ashiya | Mizuho Securities Co., Ltd. |
| Atsushi Ohmachi | The Stock Research Center |