Sanki Engineering Co., Ltd.

TSE:1961 Stock Report

Market Cap: JP¥152.6b

Sanki Engineering Balance Sheet Health

Financial Health criteria checks 6/6

Sanki Engineering has a total shareholder equity of ¥101.1B and total debt of ¥8.2B, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are ¥179.7B and ¥78.5B respectively. Sanki Engineering's EBIT is ¥16.2B making its interest coverage ratio -22.4. It has cash and short-term investments of ¥34.2B.

Key information

8.1%

Debt to equity ratio

JP¥8.22b

Debt

Interest coverage ratio-22.4x
CashJP¥34.25b
EquityJP¥101.12b
Total liabilitiesJP¥78.55b
Total assetsJP¥179.66b

Recent financial health updates

No updates

Recent updates

Optimistic Investors Push Sanki Engineering Co., Ltd. (TSE:1961) Shares Up 25% But Growth Is Lacking

Nov 25
Optimistic Investors Push Sanki Engineering Co., Ltd. (TSE:1961) Shares Up 25% But Growth Is Lacking

Financial Position Analysis

Short Term Liabilities: 1961's short term assets (¥117.5B) exceed its short term liabilities (¥64.5B).

Long Term Liabilities: 1961's short term assets (¥117.5B) exceed its long term liabilities (¥14.0B).


Debt to Equity History and Analysis

Debt Level: 1961 has more cash than its total debt.

Reducing Debt: 1961's debt to equity ratio has reduced from 12.6% to 8.1% over the past 5 years.

Debt Coverage: 1961's debt is well covered by operating cash flow (57%).

Interest Coverage: 1961 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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