Seikitokyu Kogyo Balance Sheet Health
Financial Health criteria checks 5/6
Seikitokyu Kogyo has a total shareholder equity of ¥40.5B and total debt of ¥6.8B, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are ¥76.0B and ¥35.5B respectively. Seikitokyu Kogyo's EBIT is ¥4.1B making its interest coverage ratio 87.1. It has cash and short-term investments of ¥13.4B.
Key information
16.8%
Debt to equity ratio
JP¥6.81b
Debt
Interest coverage ratio | 87.1x |
Cash | JP¥13.44b |
Equity | JP¥40.53b |
Total liabilities | JP¥35.51b |
Total assets | JP¥76.04b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1898's short term assets (¥47.2B) exceed its short term liabilities (¥28.7B).
Long Term Liabilities: 1898's short term assets (¥47.2B) exceed its long term liabilities (¥6.8B).
Debt to Equity History and Analysis
Debt Level: 1898 has more cash than its total debt.
Reducing Debt: 1898's debt to equity ratio has increased from 7.6% to 16.8% over the past 5 years.
Debt Coverage: 1898's debt is well covered by operating cash flow (160.9%).
Interest Coverage: 1898's interest payments on its debt are well covered by EBIT (87.1x coverage).