Stanley Electric Balance Sheet Health
Financial Health criteria checks 6/6
Stanley Electric has a total shareholder equity of ¥604.6B and total debt of ¥20.0B, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are ¥727.8B and ¥123.2B respectively. Stanley Electric's EBIT is ¥41.0B making its interest coverage ratio -5.1. It has cash and short-term investments of ¥212.5B.
Key information
3.3%
Debt to equity ratio
JP¥20.00b
Debt
| Interest coverage ratio | -5.1x |
| Cash | JP¥212.46b |
| Equity | JP¥604.64b |
| Total liabilities | JP¥123.21b |
| Total assets | JP¥727.85b |
Recent financial health updates
Does Stanley Electric (TSE:6923) Have A Healthy Balance Sheet?
Sep 20
Is Stanley Electric (TSE:6923) A Risky Investment?
Apr 21Recent updates
Estimating The Fair Value Of Stanley Electric Co., Ltd. (TSE:6923)
Oct 11Does Stanley Electric (TSE:6923) Have A Healthy Balance Sheet?
Sep 20Stanley Electric (TSE:6923) Is Increasing Its Dividend To ¥30.00
Sep 04Stanley Electric (TSE:6923) Has Announced That It Will Be Increasing Its Dividend To ¥30.00
Aug 21Stanley Electric (TSE:6923) Has Announced That It Will Be Increasing Its Dividend To ¥30.00
Jul 25Stanley Electric (TSE:6923) Will Pay A Larger Dividend Than Last Year At ¥30.00
Jul 11Stanley Electric Co., Ltd.'s (TSE:6923) Intrinsic Value Is Potentially 60% Above Its Share Price
Jun 07What Does Stanley Electric Co., Ltd.'s (TSE:6923) Share Price Indicate?
May 21We Like Stanley Electric's (TSE:6923) Earnings For More Than Just Statutory Profit
May 03Is Stanley Electric (TSE:6923) A Risky Investment?
Apr 21Stanley Electric's (TSE:6923) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 12Stanley Electric's (TSE:6923) Returns On Capital Not Reflecting Well On The Business
Mar 11Stanley Electric's (TSE:6923) Dividend Will Be Increased To ¥28.00
Feb 26Financial Position Analysis
Short Term Liabilities: 6923's short term assets (¥381.1B) exceed its short term liabilities (¥83.9B).
Long Term Liabilities: 6923's short term assets (¥381.1B) exceed its long term liabilities (¥39.3B).
Debt to Equity History and Analysis
Debt Level: 6923 has more cash than its total debt.
Reducing Debt: 6923's debt to equity ratio has reduced from 3.6% to 3.3% over the past 5 years.
Debt Coverage: 6923's debt is well covered by operating cash flow (329%).
Interest Coverage: 6923 earns more interest than it pays, so coverage of interest payments is not a concern.