Yokohama Rubber Company Balance Sheet Health
Financial Health criteria checks 5/6
Yokohama Rubber Company has a total shareholder equity of ¥832.0B and total debt of ¥488.1B, which brings its debt-to-equity ratio to 58.7%. Its total assets and total liabilities are ¥1,691.4B and ¥859.4B respectively. Yokohama Rubber Company's EBIT is ¥112.9B making its interest coverage ratio 134.9. It has cash and short-term investments of ¥99.0B.
Key information
58.7%
Debt to equity ratio
JP¥488.05b
Debt
| Interest coverage ratio | 134.9x |
| Cash | JP¥98.98b |
| Equity | JP¥832.00b |
| Total liabilities | JP¥859.44b |
| Total assets | JP¥1.69t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YORU.F's short term assets (¥641.2B) exceed its short term liabilities (¥350.4B).
Long Term Liabilities: YORU.F's short term assets (¥641.2B) exceed its long term liabilities (¥509.0B).
Debt to Equity History and Analysis
Debt Level: YORU.F's net debt to equity ratio (46.8%) is considered high.
Reducing Debt: YORU.F's debt to equity ratio has reduced from 66.4% to 58.7% over the past 5 years.
Debt Coverage: YORU.F's debt is well covered by operating cash flow (29.7%).
Interest Coverage: YORU.F's interest payments on its debt are well covered by EBIT (134.9x coverage).