Saita Balance Sheet Health
Financial Health criteria checks 5/6
Saita has a total shareholder equity of ¥5.2B and total debt of ¥1.4B, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are ¥7.5B and ¥2.3B respectively. Saita's EBIT is ¥214.0M making its interest coverage ratio 26.8. It has cash and short-term investments of ¥2.0B.
Key information
27.7%
Debt to equity ratio
JP¥1.44b
Debt
| Interest coverage ratio | 26.8x |
| Cash | JP¥2.04b |
| Equity | JP¥5.20b |
| Total liabilities | JP¥2.26b |
| Total assets | JP¥7.45b |
Recent financial health updates
These 4 Measures Indicate That Saita (FKSE:1999) Is Using Debt Reasonably Well
Mar 26
Saita (FKSE:1999) Has A Pretty Healthy Balance Sheet
Dec 26
Recent updates
Saita (FKSE:1999) Shareholders Will Want The ROCE Trajectory To Continue
Apr 21These 4 Measures Indicate That Saita (FKSE:1999) Is Using Debt Reasonably Well
Mar 26Would Saita Corporation (FKSE:1999) Be Valuable To Income Investors?
Feb 26What Can The Trends At Saita (FKSE:1999) Tell Us About Their Returns?
Jan 21Saita (FKSE:1999) Has A Pretty Healthy Balance Sheet
Dec 26Saita Corporation (FKSE:1999) Vies For A Place In Your Dividend Portfolio: Here's Why
Nov 28Financial Position Analysis
Short Term Liabilities: 1999's short term assets (¥3.8B) exceed its short term liabilities (¥1.9B).
Long Term Liabilities: 1999's short term assets (¥3.8B) exceed its long term liabilities (¥385.0M).
Debt to Equity History and Analysis
Debt Level: 1999 has more cash than its total debt.
Reducing Debt: 1999's debt to equity ratio has reduced from 71.6% to 27.7% over the past 5 years.
Debt Coverage: 1999's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: 1999's interest payments on its debt are well covered by EBIT (26.8x coverage).