UBE Balance Sheet Health
Financial Health criteria checks 5/6
UBE has a total shareholder equity of ¥439.7B and total debt of ¥226.5B, which brings its debt-to-equity ratio to 51.5%. Its total assets and total liabilities are ¥807.5B and ¥367.8B respectively. UBE's EBIT is ¥22.3B making its interest coverage ratio -7.9. It has cash and short-term investments of ¥33.1B.
Key information
51.5%
Debt to equity ratio
JP¥226.53b
Debt
| Interest coverage ratio | -7.9x |
| Cash | JP¥33.11b |
| Equity | JP¥439.68b |
| Total liabilities | JP¥367.84b |
| Total assets | JP¥807.51b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UBEO.F's short term assets (¥296.7B) exceed its short term liabilities (¥211.3B).
Long Term Liabilities: UBEO.F's short term assets (¥296.7B) exceed its long term liabilities (¥156.6B).
Debt to Equity History and Analysis
Debt Level: UBEO.F's net debt to equity ratio (44%) is considered high.
Reducing Debt: UBEO.F's debt to equity ratio has reduced from 54.2% to 51.5% over the past 5 years.
Debt Coverage: UBEO.F's debt is well covered by operating cash flow (21%).
Interest Coverage: UBEO.F earns more interest than it pays, so coverage of interest payments is not a concern.