Yamazaki Baking Balance Sheet Health
Financial Health criteria checks 6/6
Yamazaki Baking has a total shareholder equity of ¥426.3B and total debt of ¥72.8B, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are ¥766.3B and ¥340.1B respectively. Yamazaki Baking's EBIT is ¥33.9B making its interest coverage ratio -36.6. It has cash and short-term investments of ¥128.6B.
Key information
17.1%
Debt to equity ratio
JP¥72.76b
Debt
Interest coverage ratio | -36.6x |
Cash | JP¥128.58b |
Equity | JP¥426.26b |
Total liabilities | JP¥340.08b |
Total assets | JP¥766.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YMZB.Y's short term assets (¥286.9B) exceed its short term liabilities (¥236.1B).
Long Term Liabilities: YMZB.Y's short term assets (¥286.9B) exceed its long term liabilities (¥103.9B).
Debt to Equity History and Analysis
Debt Level: YMZB.Y has more cash than its total debt.
Reducing Debt: YMZB.Y's debt to equity ratio has reduced from 24.8% to 17.1% over the past 5 years.
Debt Coverage: YMZB.Y's debt is well covered by operating cash flow (77.4%).
Interest Coverage: YMZB.Y earns more interest than it pays, so coverage of interest payments is not a concern.