Zeon Balance Sheet Health
Financial Health criteria checks 6/6
Zeon has a total shareholder equity of ¥363.7B and total debt of ¥9.0B, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are ¥532.3B and ¥168.5B respectively. Zeon's EBIT is ¥19.8B making its interest coverage ratio -5.6. It has cash and short-term investments of ¥42.8B.
Key information
2.5%
Debt to equity ratio
JP¥8.96b
Debt
Interest coverage ratio | -5.6x |
Cash | JP¥42.78b |
Equity | JP¥363.73b |
Total liabilities | JP¥168.52b |
Total assets | JP¥532.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZEOO.F's short term assets (¥301.0B) exceed its short term liabilities (¥143.6B).
Long Term Liabilities: ZEOO.F's short term assets (¥301.0B) exceed its long term liabilities (¥25.0B).
Debt to Equity History and Analysis
Debt Level: ZEOO.F has more cash than its total debt.
Reducing Debt: ZEOO.F's debt to equity ratio has reduced from 9.3% to 2.5% over the past 5 years.
Debt Coverage: ZEOO.F's debt is well covered by operating cash flow (529.2%).
Interest Coverage: ZEOO.F earns more interest than it pays, so coverage of interest payments is not a concern.