UBE Balance Sheet Health
Financial Health criteria checks 5/6
UBE has a total shareholder equity of ¥429.4B and total debt of ¥208.9B, which brings its debt-to-equity ratio to 48.7%. Its total assets and total liabilities are ¥789.0B and ¥359.7B respectively. UBE's EBIT is ¥21.9B making its interest coverage ratio -7.5. It has cash and short-term investments of ¥36.4B.
Key information
48.7%
Debt to equity ratio
JP¥208.94b
Debt
Interest coverage ratio | -7.5x |
Cash | JP¥36.36b |
Equity | JP¥429.36b |
Total liabilities | JP¥359.68b |
Total assets | JP¥789.03b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UBEO.F's short term assets (¥295.7B) exceed its short term liabilities (¥198.2B).
Long Term Liabilities: UBEO.F's short term assets (¥295.7B) exceed its long term liabilities (¥161.5B).
Debt to Equity History and Analysis
Debt Level: UBEO.F's net debt to equity ratio (40.2%) is considered high.
Reducing Debt: UBEO.F's debt to equity ratio has reduced from 52.4% to 48.7% over the past 5 years.
Debt Coverage: UBEO.F's debt is well covered by operating cash flow (25.3%).
Interest Coverage: UBEO.F earns more interest than it pays, so coverage of interest payments is not a concern.