Ship Healthcare Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Ship Healthcare Holdings has a total shareholder equity of ¥132.3B and total debt of ¥67.3B, which brings its debt-to-equity ratio to 50.9%. Its total assets and total liabilities are ¥378.1B and ¥245.8B respectively. Ship Healthcare Holdings's EBIT is ¥22.2B making its interest coverage ratio -199.7. It has cash and short-term investments of ¥89.1B.
Key information
50.9%
Debt to equity ratio
JP¥67.32b
Debt
Interest coverage ratio | -199.7x |
Cash | JP¥89.06b |
Equity | JP¥132.32b |
Total liabilities | JP¥245.79b |
Total assets | JP¥378.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHHP.F's short term assets (¥251.7B) exceed its short term liabilities (¥192.4B).
Long Term Liabilities: SHHP.F's short term assets (¥251.7B) exceed its long term liabilities (¥53.4B).
Debt to Equity History and Analysis
Debt Level: SHHP.F has more cash than its total debt.
Reducing Debt: SHHP.F's debt to equity ratio has increased from 43.8% to 50.9% over the past 5 years.
Debt Coverage: SHHP.F's debt is well covered by operating cash flow (21%).
Interest Coverage: SHHP.F earns more interest than it pays, so coverage of interest payments is not a concern.