Yashima Denki Balance Sheet Health
Financial Health criteria checks 6/6
Yashima Denki has a total shareholder equity of ¥25.1B and total debt of ¥1.0B, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are ¥45.5B and ¥20.4B respectively. Yashima Denki's EBIT is ¥4.1B making its interest coverage ratio -90.2. It has cash and short-term investments of ¥8.5B.
Key information
4.1%
Debt to equity ratio
JP¥1.03b
Debt
Interest coverage ratio | -90.2x |
Cash | JP¥8.55b |
Equity | JP¥25.10b |
Total liabilities | JP¥20.43b |
Total assets | JP¥45.53b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3153's short term assets (¥33.8B) exceed its short term liabilities (¥19.1B).
Long Term Liabilities: 3153's short term assets (¥33.8B) exceed its long term liabilities (¥1.4B).
Debt to Equity History and Analysis
Debt Level: 3153 has more cash than its total debt.
Reducing Debt: 3153's debt to equity ratio has reduced from 5.8% to 4.1% over the past 5 years.
Debt Coverage: 3153's debt is well covered by operating cash flow (121.2%).
Interest Coverage: 3153 earns more interest than it pays, so coverage of interest payments is not a concern.