Yashima Denki Co., Ltd.

TSE:3153 Stock Report

Market Cap: JP¥33.8b

Yashima Denki Balance Sheet Health

Financial Health criteria checks 6/6

Yashima Denki has a total shareholder equity of ¥27.6B and total debt of ¥780.0M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are ¥46.0B and ¥18.5B respectively. Yashima Denki's EBIT is ¥3.6B making its interest coverage ratio -66.9. It has cash and short-term investments of ¥10.6B.

Key information

2.8%

Debt to equity ratio

JP¥780.00m

Debt

Interest coverage ratio-66.9x
CashJP¥10.64b
EquityJP¥27.56b
Total liabilitiesJP¥18.48b
Total assetsJP¥46.03b

Recent financial health updates

Recent updates

Yashima Denki (TSE:3153) Will Pay A Larger Dividend Than Last Year At ¥32.00

Nov 03
Yashima Denki (TSE:3153) Will Pay A Larger Dividend Than Last Year At ¥32.00

These 4 Measures Indicate That Yashima Denki (TSE:3153) Is Using Debt Safely

Jul 17
These 4 Measures Indicate That Yashima Denki (TSE:3153) Is Using Debt Safely

The Market Lifts Yashima Denki Co., Ltd. (TSE:3153) Shares 25% But It Can Do More

Jun 27
The Market Lifts Yashima Denki Co., Ltd. (TSE:3153) Shares 25% But It Can Do More

Returns On Capital Are Showing Encouraging Signs At Yashima Denki (TSE:3153)

Jun 26
Returns On Capital Are Showing Encouraging Signs At Yashima Denki (TSE:3153)

Yashima Denki (TSE:3153) Will Pay A Larger Dividend Than Last Year At ¥28.00

Mar 12
Yashima Denki (TSE:3153) Will Pay A Larger Dividend Than Last Year At ¥28.00

Yashima Denki's (TSE:3153) Dividend Will Be Increased To ¥28.00

Feb 27
Yashima Denki's (TSE:3153) Dividend Will Be Increased To ¥28.00

Financial Position Analysis

Short Term Liabilities: 3153's short term assets (¥33.2B) exceed its short term liabilities (¥17.9B).

Long Term Liabilities: 3153's short term assets (¥33.2B) exceed its long term liabilities (¥572.0M).


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 3.5% to 2.8% over the past 5 years.

Debt Coverage: 3153's debt is well covered by operating cash flow (213.7%).

Interest Coverage: 3153 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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