Yamaichi Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Yamaichi Electronics has a total shareholder equity of ¥36.8B and total debt of ¥3.2B, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are ¥48.0B and ¥11.2B respectively. Yamaichi Electronics's EBIT is ¥3.2B making its interest coverage ratio 17.4. It has cash and short-term investments of ¥13.8B.
Key information
8.6%
Debt to equity ratio
JP¥3.15b
Debt
Interest coverage ratio | 17.4x |
Cash | JP¥13.77b |
Equity | JP¥36.80b |
Total liabilities | JP¥11.21b |
Total assets | JP¥48.00b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6941's short term assets (¥28.4B) exceed its short term liabilities (¥8.0B).
Long Term Liabilities: 6941's short term assets (¥28.4B) exceed its long term liabilities (¥3.2B).
Debt to Equity History and Analysis
Debt Level: 6941 has more cash than its total debt.
Reducing Debt: 6941's debt to equity ratio has reduced from 15.9% to 8.6% over the past 5 years.
Debt Coverage: 6941's debt is well covered by operating cash flow (255.5%).
Interest Coverage: 6941's interest payments on its debt are well covered by EBIT (17.4x coverage).