Suzuden Balance Sheet Health
Financial Health criteria checks 6/6
Suzuden has a total shareholder equity of ¥18.5B and total debt of ¥1.1B, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are ¥28.3B and ¥9.8B respectively. Suzuden's EBIT is ¥2.8B making its interest coverage ratio -132.7. It has cash and short-term investments of ¥6.2B.
Key information
5.8%
Debt to equity ratio
JP¥1.07b
Debt
Interest coverage ratio | -132.7x |
Cash | JP¥6.17b |
Equity | JP¥18.47b |
Total liabilities | JP¥9.83b |
Total assets | JP¥28.30b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7480's short term assets (¥22.3B) exceed its short term liabilities (¥8.0B).
Long Term Liabilities: 7480's short term assets (¥22.3B) exceed its long term liabilities (¥1.8B).
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 13.9% to 5.8% over the past 5 years.
Debt Coverage: 7480's debt is well covered by operating cash flow (353.4%).
Interest Coverage: 7480 earns more interest than it pays, so coverage of interest payments is not a concern.