Shirai Electronics Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Shirai Electronics Industrial has a total shareholder equity of ¥9.0B and total debt of ¥5.1B, which brings its debt-to-equity ratio to 57.2%. Its total assets and total liabilities are ¥20.3B and ¥11.3B respectively. Shirai Electronics Industrial's EBIT is ¥2.2B making its interest coverage ratio 13.2. It has cash and short-term investments of ¥1.8B.
Key information
57.2%
Debt to equity ratio
JP¥5.13b
Debt
| Interest coverage ratio | 13.2x |
| Cash | JP¥1.77b |
| Equity | JP¥8.98b |
| Total liabilities | JP¥11.32b |
| Total assets | JP¥20.30b |
Recent financial health updates
Is Shirai Electronics Industrial (TYO:6658) Weighed On By Its Debt Load?
Apr 20
Is Shirai Electronics Industrial (TYO:6658) Using Too Much Debt?
Jan 04
Recent updates
Why Shirai Electronics Industrial's (TSE:6658) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 20Shirai Electronics Industrial Co., Ltd. (TSE:6658) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough
Aug 05Shirai Electronics Industrial Co., Ltd.'s (TSE:6658) Shares Bounce 26% But Its Business Still Trails The Market
Jun 10There May Be Some Bright Spots In Shirai Electronics Industrial's (TSE:6658) Earnings
May 22Is Shirai Electronics Industrial (TYO:6658) Weighed On By Its Debt Load?
Apr 20Is Shirai Electronics Industrial (TYO:6658) Using Too Much Debt?
Jan 04Financial Position Analysis
Short Term Liabilities: 6658's short term assets (¥11.2B) exceed its short term liabilities (¥8.3B).
Long Term Liabilities: 6658's short term assets (¥11.2B) exceed its long term liabilities (¥3.0B).
Debt to Equity History and Analysis
Debt Level: 6658's net debt to equity ratio (37.4%) is considered satisfactory.
Reducing Debt: 6658's debt to equity ratio has reduced from 420.5% to 57.2% over the past 5 years.
Debt Coverage: 6658's debt is well covered by operating cash flow (50.7%).
Interest Coverage: 6658's interest payments on its debt are well covered by EBIT (13.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 21:06 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Shirai Electronics Industrial Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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