Shindengen Electric ManufacturingLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shindengen Electric ManufacturingLtd has a total shareholder equity of ¥67.4B and total debt of ¥44.0B, which brings its debt-to-equity ratio to 65.3%. Its total assets and total liabilities are ¥144.2B and ¥76.8B respectively. Shindengen Electric ManufacturingLtd's EBIT is ¥1.2B making its interest coverage ratio -2. It has cash and short-term investments of ¥29.9B.
Key information
65.3%
Debt to equity ratio
JP¥44.03b
Debt
| Interest coverage ratio | -2x |
| Cash | JP¥29.91b |
| Equity | JP¥67.43b |
| Total liabilities | JP¥76.76b |
| Total assets | JP¥144.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6844's short term assets (¥91.7B) exceed its short term liabilities (¥30.9B).
Long Term Liabilities: 6844's short term assets (¥91.7B) exceed its long term liabilities (¥45.9B).
Debt to Equity History and Analysis
Debt Level: 6844's net debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: 6844's debt to equity ratio has increased from 46.9% to 65.3% over the past 5 years.
Debt Coverage: 6844's debt is not well covered by operating cash flow (0.8%).
Interest Coverage: 6844 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 18:56 |
| End of Day Share Price | 2024/12/27 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
Shindengen Electric Manufacturing Co.,Ltd. is covered by 5 analysts. 2 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 |
|---|---|
| Hisanori Shimoi | Citigroup Inc |
| Mitsuhiro Osawa | Ichiyoshi Research Institute Inc. |
| Daniel Lucas | Macquarie Research |