Shimadzu Balance Sheet Health
Financial Health criteria checks 6/6
Shimadzu has a total shareholder equity of ¥490.5B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ¥650.3B and ¥159.8B respectively. Shimadzu's EBIT is ¥70.5B making its interest coverage ratio -50.6. It has cash and short-term investments of ¥157.1B.
Key information
0.3%
Debt to equity ratio
JP¥1.54b
Debt
| Interest coverage ratio | -50.6x |
| Cash | JP¥157.13b |
| Equity | JP¥490.53b |
| Total liabilities | JP¥159.82b |
| Total assets | JP¥650.35b |
Recent financial health updates
We Think Shimadzu (TSE:7701) Can Stay On Top Of Its Debt
Sep 09
Does Shimadzu (TSE:7701) Have A Healthy Balance Sheet?
Apr 29Recent updates
Calculating The Fair Value Of Shimadzu Corporation (TSE:7701)
Nov 23Shimadzu Corporation Just Missed Earnings - But Analysts Have Updated Their Models
Nov 09Returns At Shimadzu (TSE:7701) Appear To Be Weighed Down
Nov 06There's Reason For Concern Over Shimadzu Corporation's (TSE:7701) Price
Oct 07We Think Shimadzu (TSE:7701) Can Stay On Top Of Its Debt
Sep 09The Shimadzu Corporation (TSE:7701) First-Quarter Results Are Out And Analysts Have Published New Forecasts
Aug 10Calculating The Fair Value Of Shimadzu Corporation (TSE:7701)
Aug 08Shimadzu (TSE:7701) Is Due To Pay A Dividend Of ¥26.00
Jul 25Shimadzu (TSE:7701) Is Due To Pay A Dividend Of ¥26.00
Jul 11Shimadzu Corporation's (TSE:7701) Price Is Out Of Tune With Earnings
Jun 12Does Shimadzu (TSE:7701) Have A Healthy Balance Sheet?
Apr 29Calculating The Intrinsic Value Of Shimadzu Corporation (TSE:7701)
Apr 12Shimadzu's (TSE:7701) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 03Financial Position Analysis
Short Term Liabilities: 7701's short term assets (¥439.8B) exceed its short term liabilities (¥137.3B).
Long Term Liabilities: 7701's short term assets (¥439.8B) exceed its long term liabilities (¥22.5B).
Debt to Equity History and Analysis
Debt Level: 7701 has more cash than its total debt.
Reducing Debt: 7701's debt to equity ratio has reduced from 0.9% to 0.3% over the past 5 years.
Debt Coverage: 7701's debt is well covered by operating cash flow (3025.5%).
Interest Coverage: 7701 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 11:52 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shimadzu Corporation is covered by 27 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Masahiro Nakanomyo | Barclays |
| Ritsuo Watanabe | BofA Global Research |
| Yang Luo | CLSA |