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 |
| Cash | JP¥34.25b |
| Equity | JP¥101.12b |
| Total liabilities | JP¥78.55b |
| Total assets | JP¥179.66b |
Recent financial health updates
No updates
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.