ShinMaywa Industries Balance Sheet Health
Financial Health criteria checks 6/6
ShinMaywa Industries has a total shareholder equity of ¥110.7B and total debt of ¥45.6B, which brings its debt-to-equity ratio to 41.2%. Its total assets and total liabilities are ¥246.4B and ¥135.7B respectively. ShinMaywa Industries's EBIT is ¥13.1B making its interest coverage ratio 225.1. It has cash and short-term investments of ¥19.7B.
Key information
41.2%
Debt to equity ratio
JP¥45.62b
Debt
| Interest coverage ratio | 225.1x |
| Cash | JP¥19.66b |
| Equity | JP¥110.68b |
| Total liabilities | JP¥135.67b |
| Total assets | JP¥246.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHMW.F's short term assets (¥163.2B) exceed its short term liabilities (¥107.0B).
Long Term Liabilities: SHMW.F's short term assets (¥163.2B) exceed its long term liabilities (¥28.6B).
Debt to Equity History and Analysis
Debt Level: SHMW.F's net debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: SHMW.F's debt to equity ratio has reduced from 56.1% to 41.2% over the past 5 years.
Debt Coverage: SHMW.F's debt is well covered by operating cash flow (83.6%).
Interest Coverage: SHMW.F's interest payments on its debt are well covered by EBIT (225.1x coverage).