Sanoh Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Sanoh Industrial has a total shareholder equity of ¥46.0B and total debt of ¥28.6B, which brings its debt-to-equity ratio to 62.1%. Its total assets and total liabilities are ¥107.2B and ¥61.2B respectively. Sanoh Industrial's EBIT is ¥7.1B making its interest coverage ratio 28.9. It has cash and short-term investments of ¥13.7B.
Key information
62.1%
Debt to equity ratio
JP¥28.61b
Debt
| Interest coverage ratio | 28.9x |
| Cash | JP¥13.75b |
| Equity | JP¥46.04b |
| Total liabilities | JP¥61.16b |
| Total assets | JP¥107.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6584's short term assets (¥62.3B) exceed its short term liabilities (¥45.3B).
Long Term Liabilities: 6584's short term assets (¥62.3B) exceed its long term liabilities (¥15.8B).
Debt to Equity History and Analysis
Debt Level: 6584's net debt to equity ratio (32.3%) is considered satisfactory.
Reducing Debt: 6584's debt to equity ratio has reduced from 74.7% to 62.1% over the past 5 years.
Debt Coverage: 6584's debt is well covered by operating cash flow (29.9%).
Interest Coverage: 6584's interest payments on its debt are well covered by EBIT (28.9x coverage).