YONEX Balance Sheet Health
Financial Health criteria checks 5/6
YONEX has a total shareholder equity of ¥60.9B and total debt of ¥6.8B, which brings its debt-to-equity ratio to 11.2%. Its total assets and total liabilities are ¥91.2B and ¥30.3B respectively. YONEX's EBIT is ¥11.6B making its interest coverage ratio -2322.4. It has cash and short-term investments of ¥23.5B.
Key information
11.2%
Debt to equity ratio
JP¥6.80b
Debt
Interest coverage ratio | -2322.4x |
Cash | JP¥23.55b |
Equity | JP¥60.90b |
Total liabilities | JP¥30.33b |
Total assets | JP¥91.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YONX.F's short term assets (¥60.0B) exceed its short term liabilities (¥20.3B).
Long Term Liabilities: YONX.F's short term assets (¥60.0B) exceed its long term liabilities (¥10.0B).
Debt to Equity History and Analysis
Debt Level: YONX.F has more cash than its total debt.
Reducing Debt: YONX.F's debt to equity ratio has increased from 10% to 11.2% over the past 5 years.
Debt Coverage: YONX.F's debt is well covered by operating cash flow (183.7%).
Interest Coverage: YONX.F earns more interest than it pays, so coverage of interest payments is not a concern.