Sanyo Trading Balance Sheet Health
Financial Health criteria checks 5/6
Sanyo Trading has a total shareholder equity of ¥44.4B and total debt of ¥6.0B, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are ¥71.3B and ¥26.9B respectively. Sanyo Trading's EBIT is ¥7.1B making its interest coverage ratio -145.7. It has cash and short-term investments of ¥8.2B.
Key information
13.4%
Debt to equity ratio
JP¥5.96b
Debt
Interest coverage ratio | -145.7x |
Cash | JP¥8.23b |
Equity | JP¥44.38b |
Total liabilities | JP¥26.93b |
Total assets | JP¥71.30b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3176's short term assets (¥60.0B) exceed its short term liabilities (¥25.1B).
Long Term Liabilities: 3176's short term assets (¥60.0B) exceed its long term liabilities (¥1.8B).
Debt to Equity History and Analysis
Debt Level: 3176 has more cash than its total debt.
Reducing Debt: 3176's debt to equity ratio has increased from 7.6% to 13.4% over the past 5 years.
Debt Coverage: 3176's debt is well covered by operating cash flow (99.2%).
Interest Coverage: 3176 earns more interest than it pays, so coverage of interest payments is not a concern.