Japan Resistor Mfg Balance Sheet Health
Financial Health criteria checks 3/6
Japan Resistor Mfg has a total shareholder equity of ¥2.1B and total debt of ¥3.8B, which brings its debt-to-equity ratio to 177.2%. Its total assets and total liabilities are ¥7.6B and ¥5.5B respectively. Japan Resistor Mfg's EBIT is ¥85.0M making its interest coverage ratio 3.3. It has cash and short-term investments of ¥1.5B.
Key information
177.2%
Debt to equity ratio
JP¥3.79b
Debt
Interest coverage ratio | 3.3x |
Cash | JP¥1.50b |
Equity | JP¥2.14b |
Total liabilities | JP¥5.51b |
Total assets | JP¥7.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6977's short term assets (¥5.8B) exceed its short term liabilities (¥3.6B).
Long Term Liabilities: 6977's short term assets (¥5.8B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 6977's net debt to equity ratio (107%) is considered high.
Reducing Debt: 6977's debt to equity ratio has increased from 172.3% to 177.2% over the past 5 years.
Debt Coverage: 6977's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6977's interest payments on its debt are well covered by EBIT (3.3x coverage).