Shimizu Balance Sheet Health
Financial Health criteria checks 3/6
Shimizu has a total shareholder equity of ¥876.9B and total debt of ¥595.4B, which brings its debt-to-equity ratio to 67.9%. Its total assets and total liabilities are ¥2,470.0B and ¥1,593.1B respectively.
Key information
67.9%
Debt to equity ratio
JP¥595.40b
Debt
Interest coverage ratio | n/a |
Cash | JP¥282.48b |
Equity | JP¥876.93b |
Total liabilities | JP¥1.59t |
Total assets | JP¥2.47t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHMU.Y's short term assets (¥1,432.0B) exceed its short term liabilities (¥1,142.4B).
Long Term Liabilities: SHMU.Y's short term assets (¥1,432.0B) exceed its long term liabilities (¥450.7B).
Debt to Equity History and Analysis
Debt Level: SHMU.Y's net debt to equity ratio (35.7%) is considered satisfactory.
Reducing Debt: SHMU.Y's debt to equity ratio has increased from 48.9% to 67.9% over the past 5 years.
Debt Coverage: SHMU.Y's debt is not well covered by operating cash flow (6.4%).
Interest Coverage: Insufficient data to determine if SHMU.Y's interest payments on its debt are well covered by EBIT.