Japan Resistor Mfg Balance Sheet Health
Financial Health criteria checks 3/6
Japan Resistor Mfg has a total shareholder equity of ¥2.2B and total debt of ¥4.5B, which brings its debt-to-equity ratio to 200.9%. Its total assets and total liabilities are ¥8.4B and ¥6.2B respectively. Japan Resistor Mfg's EBIT is ¥6.0M making its interest coverage ratio 0.2. It has cash and short-term investments of ¥2.1B.
Key information
200.9%
Debt to equity ratio
JP¥4.45b
Debt
Interest coverage ratio | 0.2x |
Cash | JP¥2.08b |
Equity | JP¥2.22b |
Total liabilities | JP¥6.17b |
Total assets | JP¥8.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6977's short term assets (¥6.3B) exceed its short term liabilities (¥3.7B).
Long Term Liabilities: 6977's short term assets (¥6.3B) exceed its long term liabilities (¥2.5B).
Debt to Equity History and Analysis
Debt Level: 6977's net debt to equity ratio (106.9%) is considered high.
Reducing Debt: 6977's debt to equity ratio has reduced from 221.8% to 200.9% 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 not well covered by EBIT (0.2x coverage).