Sanyo Special Steel Balance Sheet Health
Financial Health criteria checks 6/6
Sanyo Special Steel has a total shareholder equity of ¥234.0B and total debt of ¥91.1B, which brings its debt-to-equity ratio to 38.9%. Its total assets and total liabilities are ¥408.9B and ¥174.9B respectively. Sanyo Special Steel's EBIT is ¥8.3B making its interest coverage ratio 5.3. It has cash and short-term investments of ¥24.8B.
Key information
38.9%
Debt to equity ratio
JP¥91.14b
Debt
| Interest coverage ratio | 5.3x |
| Cash | JP¥24.79b |
| Equity | JP¥234.01b |
| Total liabilities | JP¥174.88b |
| Total assets | JP¥408.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S98's short term assets (¥233.9B) exceed its short term liabilities (¥140.0B).
Long Term Liabilities: S98's short term assets (¥233.9B) exceed its long term liabilities (¥34.8B).
Debt to Equity History and Analysis
Debt Level: S98's net debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: S98's debt to equity ratio has reduced from 44.8% to 38.9% over the past 5 years.
Debt Coverage: S98's debt is well covered by operating cash flow (44.6%).
Interest Coverage: S98's interest payments on its debt are well covered by EBIT (5.3x coverage).