Yokohama Rubber Company Balance Sheet Health
Financial Health criteria checks 4/6
Yokohama Rubber Company has a total shareholder equity of ¥815.1B and total debt of ¥457.4B, which brings its debt-to-equity ratio to 56.1%. Its total assets and total liabilities are ¥1,619.7B and ¥804.6B respectively. Yokohama Rubber Company's EBIT is ¥133.8B making its interest coverage ratio 16. It has cash and short-term investments of ¥107.5B.
Key information
56.1%
Debt to equity ratio
JP¥457.35b
Debt
| Interest coverage ratio | 16x |
| Cash | JP¥107.46b |
| Equity | JP¥815.11b |
| Total liabilities | JP¥804.61b |
| Total assets | JP¥1.62t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YORU.Y's short term assets (¥670.6B) exceed its short term liabilities (¥343.8B).
Long Term Liabilities: YORU.Y's short term assets (¥670.6B) exceed its long term liabilities (¥460.9B).
Debt to Equity History and Analysis
Debt Level: YORU.Y's net debt to equity ratio (42.9%) is considered high.
Reducing Debt: YORU.Y's debt to equity ratio has reduced from 65.7% to 56.1% over the past 5 years.
Debt Coverage: YORU.Y's debt is not well covered by operating cash flow (19.7%).
Interest Coverage: YORU.Y's interest payments on its debt are well covered by EBIT (16x coverage).