Shizuoka Gas Balance Sheet Health
Financial Health criteria checks 5/6
Shizuoka Gas has a total shareholder equity of ¥125.3B and total debt of ¥18.0B, which brings its debt-to-equity ratio to 14.4%. Its total assets and total liabilities are ¥167.2B and ¥42.0B respectively. Shizuoka Gas's EBIT is ¥10.3B making its interest coverage ratio -3.9. It has cash and short-term investments of ¥42.4B.
Key information
14.4%
Debt to equity ratio
JP¥18.01b
Debt
| Interest coverage ratio | -3.9x |
| Cash | JP¥42.39b |
| Equity | JP¥125.27b |
| Total liabilities | JP¥41.95b |
| Total assets | JP¥167.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHKG.F's short term assets (¥75.4B) exceed its short term liabilities (¥20.1B).
Long Term Liabilities: SHKG.F's short term assets (¥75.4B) exceed its long term liabilities (¥21.9B).
Debt to Equity History and Analysis
Debt Level: SHKG.F has more cash than its total debt.
Reducing Debt: SHKG.F's debt to equity ratio has increased from 10.4% to 14.4% over the past 5 years.
Debt Coverage: SHKG.F's debt is well covered by operating cash flow (89.7%).
Interest Coverage: SHKG.F earns more interest than it pays, so coverage of interest payments is not a concern.