Sumiseki HoldingsInc Balance Sheet Health
Financial Health criteria checks 6/6
Sumiseki HoldingsInc has a total shareholder equity of ¥24.7B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥29.2B and ¥4.5B respectively. Sumiseki HoldingsInc's EBIT is ¥8.4B making its interest coverage ratio 4184. It has cash and short-term investments of ¥13.2B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | 4184x |
Cash | JP¥13.18b |
Equity | JP¥24.73b |
Total liabilities | JP¥4.46b |
Total assets | JP¥29.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1514's short term assets (¥20.5B) exceed its short term liabilities (¥3.7B).
Long Term Liabilities: 1514's short term assets (¥20.5B) exceed its long term liabilities (¥730.0M).
Debt to Equity History and Analysis
Debt Level: 1514 is debt free.
Reducing Debt: 1514 has no debt compared to 5 years ago when its debt to equity ratio was 18.7%.
Debt Coverage: 1514 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1514 has no debt, therefore coverage of interest payments is not a concern.