SHINKO Balance Sheet Health
Financial Health criteria checks 6/6
SHINKO has a total shareholder equity of ¥1.9B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥6.5B and ¥4.6B respectively.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | n/a |
Cash | JP¥1.51b |
Equity | JP¥1.91b |
Total liabilities | JP¥4.60b |
Total assets | JP¥6.52b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7120's short term assets (¥5.3B) exceed its short term liabilities (¥3.1B).
Long Term Liabilities: 7120's short term assets (¥5.3B) exceed its long term liabilities (¥1.5B).
Debt to Equity History and Analysis
Debt Level: 7120 is debt free.
Reducing Debt: 7120 had no debt 5 years ago.
Debt Coverage: 7120 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 7120 has no debt, therefore coverage of interest payments is not a concern.