Showa System Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Showa System Engineering has a total shareholder equity of ¥4.8B and total debt of ¥10.0M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ¥7.8B and ¥3.0B respectively. Showa System Engineering's EBIT is ¥948.0M making its interest coverage ratio -105.3. It has cash and short-term investments of ¥5.5B.
Key information
0.2%
Debt to equity ratio
JP¥10.00m
Debt
Interest coverage ratio | -105.3x |
Cash | JP¥5.47b |
Equity | JP¥4.81b |
Total liabilities | JP¥2.99b |
Total assets | JP¥7.81b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4752's short term assets (¥6.4B) exceed its short term liabilities (¥941.0M).
Long Term Liabilities: 4752's short term assets (¥6.4B) exceed its long term liabilities (¥2.1B).
Debt to Equity History and Analysis
Debt Level: 4752 has more cash than its total debt.
Reducing Debt: 4752's debt to equity ratio has reduced from 0.3% to 0.2% over the past 5 years.
Debt Coverage: 4752's debt is well covered by operating cash flow (5800%).
Interest Coverage: 4752 earns more interest than it pays, so coverage of interest payments is not a concern.