Shizuki Electric Balance Sheet Health
Financial Health criteria checks 5/6
Shizuki Electric has a total shareholder equity of ¥22.5B and total debt of ¥7.6B, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are ¥35.2B and ¥12.7B respectively. Shizuki Electric's EBIT is ¥1.2B making its interest coverage ratio -99.1. It has cash and short-term investments of ¥4.5B.
Key information
33.7%
Debt to equity ratio
JP¥7.60b
Debt
Interest coverage ratio | -99.1x |
Cash | JP¥4.51b |
Equity | JP¥22.55b |
Total liabilities | JP¥12.67b |
Total assets | JP¥35.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6994's short term assets (¥18.7B) exceed its short term liabilities (¥4.4B).
Long Term Liabilities: 6994's short term assets (¥18.7B) exceed its long term liabilities (¥8.3B).
Debt to Equity History and Analysis
Debt Level: 6994's net debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: 6994's debt to equity ratio has increased from 0% to 33.7% over the past 5 years.
Debt Coverage: 6994's debt is well covered by operating cash flow (21.1%).
Interest Coverage: 6994 earns more interest than it pays, so coverage of interest payments is not a concern.