Stanley Electric Balance Sheet Health
Financial Health criteria checks 6/6
Stanley Electric has a total shareholder equity of ¥589.4B and total debt of ¥10.0B, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are ¥708.3B and ¥118.9B respectively. Stanley Electric's EBIT is ¥35.8B making its interest coverage ratio -5. It has cash and short-term investments of ¥198.6B.
Key information
1.7%
Debt to equity ratio
JP¥10.00b
Debt
| Interest coverage ratio | -5x |
| Cash | JP¥198.64b |
| Equity | JP¥589.36b |
| Total liabilities | JP¥118.90b |
| Total assets | JP¥708.26b |
Recent financial health updates
Recent updates
Is Stanley Electric (TSE:6923) A Risky Investment?
Apr 21
Stanley 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 (¥358.6B) exceed its short term liabilities (¥97.7B).
Long Term Liabilities: 6923's short term assets (¥358.6B) exceed its long term liabilities (¥21.2B).
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 4% to 1.7% over the past 5 years.
Debt Coverage: 6923's debt is well covered by operating cash flow (655.5%).
Interest Coverage: 6923 earns more interest than it pays, so coverage of interest payments is not a concern.