Sanoh Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Sanoh Industrial has a total shareholder equity of ¥50.6B and total debt of ¥29.8B, which brings its debt-to-equity ratio to 58.9%. Its total assets and total liabilities are ¥113.3B and ¥62.7B respectively. Sanoh Industrial's EBIT is ¥7.3B making its interest coverage ratio 20.1. It has cash and short-term investments of ¥16.4B.
Key information
58.9%
Debt to equity ratio
JP¥29.79b
Debt
| Interest coverage ratio | 20.1x |
| Cash | JP¥16.42b |
| Equity | JP¥50.60b |
| Total liabilities | JP¥62.71b |
| Total assets | JP¥113.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6584's short term assets (¥65.0B) exceed its short term liabilities (¥43.9B).
Long Term Liabilities: 6584's short term assets (¥65.0B) exceed its long term liabilities (¥18.8B).
Debt to Equity History and Analysis
Debt Level: 6584's net debt to equity ratio (26.4%) is considered satisfactory.
Reducing Debt: 6584's debt to equity ratio has reduced from 94% to 58.9% over the past 5 years.
Debt Coverage: 6584's debt is well covered by operating cash flow (45.8%).
Interest Coverage: 6584's interest payments on its debt are well covered by EBIT (20.1x coverage).