Japan Resistor Mfg Balance Sheet Health
Financial Health criteria checks 3/6
Japan Resistor Mfg has a total shareholder equity of ¥2.3B and total debt of ¥4.1B, which brings its debt-to-equity ratio to 182.6%. Its total assets and total liabilities are ¥8.2B and ¥5.9B respectively.
Key information
182.6%
Debt to equity ratio
JP¥4.14b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥1.67b |
| Equity | JP¥2.27b |
| Total liabilities | JP¥5.91b |
| Total assets | JP¥8.18b |
Financial Position Analysis
Short Term Liabilities: 6977's short term assets (¥6.0B) exceed its short term liabilities (¥3.5B).
Long Term Liabilities: 6977's short term assets (¥6.0B) exceed its long term liabilities (¥2.4B).
Debt to Equity History and Analysis
Debt Level: 6977's net debt to equity ratio (109.2%) is considered high.
Reducing Debt: 6977's debt to equity ratio has reduced from 197.7% to 182.6% over the past 5 years.
Debt Coverage: 6977's debt is not well covered by operating cash flow (0.5%).
Interest Coverage: Insufficient data to determine if 6977's interest payments on its debt are well covered by EBIT.