Suzuden Balance Sheet Health
Financial Health criteria checks 6/6
Suzuden has a total shareholder equity of ¥18.3B and total debt of ¥855.0M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are ¥28.0B and ¥9.7B respectively. Suzuden's EBIT is ¥2.4B making its interest coverage ratio -98.8. It has cash and short-term investments of ¥7.1B.
Key information
4.7%
Debt to equity ratio
JP¥855.00m
Debt
Interest coverage ratio | -98.8x |
Cash | JP¥7.08b |
Equity | JP¥18.31b |
Total liabilities | JP¥9.73b |
Total assets | JP¥28.04b |
Recent financial health updates
No updates
Recent updates
Some May Be Optimistic About Suzuden's (TSE:7480) Earnings
Nov 19Suzuden (TSE:7480) Is Reducing Its Dividend To ¥39.00
Aug 08Suzuden (TSE:7480) Will Pay A Smaller Dividend Than Last Year
Jul 25Suzuden (TSE:7480) Has Announced That Its Dividend Will Be Reduced To ¥39.00
Jul 11There May Be Reason For Hope In Suzuden's (TSE:7480) Disappointing Earnings
May 21Financial Position Analysis
Short Term Liabilities: 7480's short term assets (¥22.2B) exceed its short term liabilities (¥8.1B).
Long Term Liabilities: 7480's short term assets (¥22.2B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 7480 has more cash than its total debt.
Reducing Debt: 7480's debt to equity ratio has reduced from 9.5% to 4.7% over the past 5 years.
Debt Coverage: 7480's debt is well covered by operating cash flow (519.2%).
Interest Coverage: 7480 earns more interest than it pays, so coverage of interest payments is not a concern.