Saibu Gas HoldingsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Saibu Gas HoldingsLtd has a total shareholder equity of ¥103.2B and total debt of ¥272.1B, which brings its debt-to-equity ratio to 263.7%. Its total assets and total liabilities are ¥415.4B and ¥312.2B respectively. Saibu Gas HoldingsLtd's EBIT is ¥8.4B making its interest coverage ratio 10.4. It has cash and short-term investments of ¥23.6B.
Key information
263.7%
Debt to equity ratio
JP¥272.11b
Debt
| Interest coverage ratio | 10.4x |
| Cash | JP¥23.60b |
| Equity | JP¥103.20b |
| Total liabilities | JP¥312.21b |
| Total assets | JP¥415.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XSG's short term assets (¥106.2B) exceed its short term liabilities (¥103.2B).
Long Term Liabilities: XSG's short term assets (¥106.2B) do not cover its long term liabilities (¥209.0B).
Debt to Equity History and Analysis
Debt Level: XSG's net debt to equity ratio (240.8%) is considered high.
Reducing Debt: XSG's debt to equity ratio has reduced from 307.5% to 263.7% over the past 5 years.
Debt Coverage: XSG's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: XSG's interest payments on its debt are well covered by EBIT (10.4x coverage).