Yokohama Rubber Company Balance Sheet Health
Financial Health criteria checks 5/6
Yokohama Rubber Company has a total shareholder equity of ¥748.8B and total debt of ¥469.4B, which brings its debt-to-equity ratio to 62.7%. Its total assets and total liabilities are ¥1,600.5B and ¥851.7B respectively. Yokohama Rubber Company's EBIT is ¥99.3B making its interest coverage ratio 94.1. It has cash and short-term investments of ¥103.8B.
Key information
62.7%
Debt to equity ratio
JP¥469.36b
Debt
| Interest coverage ratio | 94.1x |
| Cash | JP¥103.83b |
| Equity | JP¥748.80b |
| Total liabilities | JP¥851.66b |
| Total assets | JP¥1.60t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YORU.Y's short term assets (¥618.1B) exceed its short term liabilities (¥347.9B).
Long Term Liabilities: YORU.Y's short term assets (¥618.1B) exceed its long term liabilities (¥503.8B).
Debt to Equity History and Analysis
Debt Level: YORU.Y's net debt to equity ratio (48.8%) is considered high.
Reducing Debt: YORU.Y's debt to equity ratio has reduced from 68.1% to 62.7% over the past 5 years.
Debt Coverage: YORU.Y's debt is well covered by operating cash flow (34%).
Interest Coverage: YORU.Y's interest payments on its debt are well covered by EBIT (94.1x coverage).