Sanken Electric Balance Sheet Health
Financial Health criteria checks 5/6
Sanken Electric has a total shareholder equity of ¥198.1B and total debt of ¥124.8B, which brings its debt-to-equity ratio to 63%. Its total assets and total liabilities are ¥368.0B and ¥169.9B respectively. Sanken Electric's EBIT is ¥31.1B making its interest coverage ratio 52.4. It has cash and short-term investments of ¥48.5B.
Key information
63.0%
Debt to equity ratio
JP¥124.84b
Debt
Interest coverage ratio | 52.4x |
Cash | JP¥48.46b |
Equity | JP¥198.08b |
Total liabilities | JP¥169.90b |
Total assets | JP¥367.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XSK's short term assets (¥166.6B) exceed its short term liabilities (¥77.9B).
Long Term Liabilities: XSK's short term assets (¥166.6B) exceed its long term liabilities (¥92.0B).
Debt to Equity History and Analysis
Debt Level: XSK's net debt to equity ratio (38.6%) is considered satisfactory.
Reducing Debt: XSK's debt to equity ratio has reduced from 96.1% to 63% over the past 5 years.
Debt Coverage: XSK's debt is not well covered by operating cash flow (17.2%).
Interest Coverage: XSK's interest payments on its debt are well covered by EBIT (52.4x coverage).