Yashima Denki Balance Sheet Health
Financial Health criteria checks 6/6
Yashima Denki has a total shareholder equity of ¥27.5B and total debt of ¥900.0M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are ¥60.4B and ¥32.9B respectively. Yashima Denki's EBIT is ¥3.9B making its interest coverage ratio -74.9. It has cash and short-term investments of ¥13.1B.
Key information
3.3%
Debt to equity ratio
JP¥900.00m
Debt
Interest coverage ratio | -74.9x |
Cash | JP¥13.06b |
Equity | JP¥27.50b |
Total liabilities | JP¥32.93b |
Total assets | JP¥60.43b |
Recent financial health updates
No updates
Recent updates
The Market Lifts Yashima Denki Co., Ltd. (TSE:3153) Shares 25% But It Can Do More
Jun 27Returns On Capital Are Showing Encouraging Signs At Yashima Denki (TSE:3153)
Jun 26Yashima Denki (TSE:3153) Will Pay A Larger Dividend Than Last Year At ¥28.00
Mar 12Yashima Denki's (TSE:3153) Dividend Will Be Increased To ¥28.00
Feb 27Financial Position Analysis
Short Term Liabilities: 3153's short term assets (¥48.2B) exceed its short term liabilities (¥32.3B).
Long Term Liabilities: 3153's short term assets (¥48.2B) exceed its long term liabilities (¥599.0M).
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 4.2% to 3.3% over the past 5 years.
Debt Coverage: 3153's debt is well covered by operating cash flow (89.9%).
Interest Coverage: 3153 earns more interest than it pays, so coverage of interest payments is not a concern.