Sanko Techno Balance Sheet Health
Financial Health criteria checks 5/6
Sanko Techno has a total shareholder equity of ¥17.2B and total debt of ¥2.7B, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are ¥24.1B and ¥6.9B respectively. Sanko Techno's EBIT is ¥2.2B making its interest coverage ratio -154. It has cash and short-term investments of ¥2.9B.
Key information
15.7%
Debt to equity ratio
JP¥2.69b
Debt
Interest coverage ratio | -154x |
Cash | JP¥2.86b |
Equity | JP¥17.19b |
Total liabilities | JP¥6.86b |
Total assets | JP¥24.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3435's short term assets (¥14.5B) exceed its short term liabilities (¥3.1B).
Long Term Liabilities: 3435's short term assets (¥14.5B) exceed its long term liabilities (¥3.7B).
Debt to Equity History and Analysis
Debt Level: 3435 has more cash than its total debt.
Reducing Debt: 3435's debt to equity ratio has increased from 2.5% to 15.7% over the past 5 years.
Debt Coverage: 3435's debt is well covered by operating cash flow (24.4%).
Interest Coverage: 3435 earns more interest than it pays, so coverage of interest payments is not a concern.