Shizuoka Gas Balance Sheet Health
Financial Health criteria checks 5/6
Shizuoka Gas has a total shareholder equity of ¥114.4B and total debt of ¥18.3B, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are ¥154.7B and ¥40.3B respectively. Shizuoka Gas's EBIT is ¥18.3B making its interest coverage ratio -12.2. It has cash and short-term investments of ¥35.6B.
Key information
16.0%
Debt to equity ratio
JP¥18.31b
Debt
Interest coverage ratio | -12.2x |
Cash | JP¥35.62b |
Equity | JP¥114.42b |
Total liabilities | JP¥40.29b |
Total assets | JP¥154.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9543's short term assets (¥66.7B) exceed its short term liabilities (¥18.9B).
Long Term Liabilities: 9543's short term assets (¥66.7B) exceed its long term liabilities (¥21.3B).
Debt to Equity History and Analysis
Debt Level: 9543 has more cash than its total debt.
Reducing Debt: 9543's debt to equity ratio has increased from 12% to 16% over the past 5 years.
Debt Coverage: 9543's debt is well covered by operating cash flow (206.2%).
Interest Coverage: 9543 earns more interest than it pays, so coverage of interest payments is not a concern.