SuzukiLtd Balance Sheet Health
Financial Health criteria checks 6/6
SuzukiLtd has a total shareholder equity of ¥24.0B and total debt of ¥3.2B, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are ¥35.9B and ¥11.9B respectively. SuzukiLtd's EBIT is ¥2.8B making its interest coverage ratio 79.3. It has cash and short-term investments of ¥6.2B.
Key information
13.3%
Debt to equity ratio
JP¥3.18b
Debt
Interest coverage ratio | 79.3x |
Cash | JP¥6.25b |
Equity | JP¥23.96b |
Total liabilities | JP¥11.90b |
Total assets | JP¥35.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6785's short term assets (¥17.0B) exceed its short term liabilities (¥9.1B).
Long Term Liabilities: 6785's short term assets (¥17.0B) exceed its long term liabilities (¥2.8B).
Debt to Equity History and Analysis
Debt Level: 6785 has more cash than its total debt.
Reducing Debt: 6785's debt to equity ratio has reduced from 16.2% to 13.3% over the past 5 years.
Debt Coverage: 6785's debt is well covered by operating cash flow (159.5%).
Interest Coverage: 6785's interest payments on its debt are well covered by EBIT (79.3x coverage).