Shibusawa Warehouse Balance Sheet Health
Financial Health criteria checks 5/6
Shibusawa Warehouse has a total shareholder equity of ¥60.7B and total debt of ¥28.3B, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are ¥109.0B and ¥48.3B respectively. Shibusawa Warehouse's EBIT is ¥4.4B making its interest coverage ratio -8.2. It has cash and short-term investments of ¥13.1B.
Key information
46.7%
Debt to equity ratio
JP¥28.34b
Debt
Interest coverage ratio | -8.2x |
Cash | JP¥13.11b |
Equity | JP¥60.70b |
Total liabilities | JP¥48.32b |
Total assets | JP¥109.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9304's short term assets (¥29.2B) exceed its short term liabilities (¥14.7B).
Long Term Liabilities: 9304's short term assets (¥29.2B) do not cover its long term liabilities (¥33.6B).
Debt to Equity History and Analysis
Debt Level: 9304's net debt to equity ratio (25.1%) is considered satisfactory.
Reducing Debt: 9304's debt to equity ratio has reduced from 79.9% to 46.7% over the past 5 years.
Debt Coverage: 9304's debt is well covered by operating cash flow (25.8%).
Interest Coverage: 9304 earns more interest than it pays, so coverage of interest payments is not a concern.