Shibaura ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shibaura ElectronicsLtd has a total shareholder equity of ¥34.2B and total debt of ¥1.2B, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ¥43.0B and ¥8.7B respectively. Shibaura ElectronicsLtd's EBIT is ¥5.3B making its interest coverage ratio -590.6. It has cash and short-term investments of ¥12.9B.
Key information
3.6%
Debt to equity ratio
JP¥1.22b
Debt
| Interest coverage ratio | -590.6x |
| Cash | JP¥12.86b |
| Equity | JP¥34.25b |
| Total liabilities | JP¥8.74b |
| Total assets | JP¥42.99b |
Recent financial health updates
Recent updates
When Should You Buy Shibaura Electronics Co.,Ltd. (TYO:6957)?
Mar 16
What Type Of Shareholders Own The Most Number of Shibaura Electronics Co.,Ltd. (TYO:6957) Shares?
Mar 02How Does Shibaura Electronics Co.,Ltd. (TYO:6957) Fare As A Dividend Stock?
Feb 16The Trends At Shibaura ElectronicsLtd (TYO:6957) That You Should Know About
Feb 02Here's Why Shibaura ElectronicsLtd (TYO:6957) Can Manage Its Debt Responsibly
Jan 19Do Its Financials Have Any Role To Play In Driving Shibaura Electronics Co.,Ltd.'s (TYO:6957) Stock Up Recently?
Jan 03Did You Participate In Any Of Shibaura ElectronicsLtd's (TYO:6957) Fantastic 104% Return ?
Dec 21Is Now The Time To Look At Buying Shibaura Electronics Co.,Ltd. (TYO:6957)?
Dec 07
What Type Of Shareholders Own The Most Number of Shibaura Electronics Co.,Ltd. (TYO:6957) Shares?
Nov 23Financial Position Analysis
Short Term Liabilities: 6957's short term assets (¥31.6B) exceed its short term liabilities (¥7.8B).
Long Term Liabilities: 6957's short term assets (¥31.6B) exceed its long term liabilities (¥935.0M).
Debt to Equity History and Analysis
Debt Level: 6957 has more cash than its total debt.
Reducing Debt: 6957's debt to equity ratio has reduced from 6.6% to 3.6% over the past 5 years.
Debt Coverage: 6957's debt is well covered by operating cash flow (426.8%).
Interest Coverage: 6957 earns more interest than it pays, so coverage of interest payments is not a concern.