Shibaura ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shibaura ElectronicsLtd has a total shareholder equity of ¥35.2B and total debt of ¥897.0M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are ¥43.6B and ¥8.4B respectively. Shibaura ElectronicsLtd's EBIT is ¥5.1B making its interest coverage ratio -425.3. It has cash and short-term investments of ¥13.5B.
Key information
2.6%
Debt to equity ratio
JP¥897.00m
Debt
Interest coverage ratio | -425.3x |
Cash | JP¥13.54b |
Equity | JP¥35.16b |
Total liabilities | JP¥8.41b |
Total assets | JP¥43.57b |
Recent financial health updates
Recent updates
When Should You Buy Shibaura Electronics Co.,Ltd. (TYO:6957)?
Mar 16What 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 07What 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 (¥32.0B) exceed its short term liabilities (¥7.8B).
Long Term Liabilities: 6957's short term assets (¥32.0B) exceed its long term liabilities (¥636.0M).
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 16.4% to 2.6% over the past 5 years.
Debt Coverage: 6957's debt is well covered by operating cash flow (678.7%).
Interest Coverage: 6957 earns more interest than it pays, so coverage of interest payments is not a concern.