Sakura Rubber Balance Sheet Health
Financial Health criteria checks 5/6
Sakura Rubber has a total shareholder equity of ¥8.4B and total debt of ¥2.9B, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are ¥14.4B and ¥6.0B respectively. Sakura Rubber's EBIT is ¥748.0M making its interest coverage ratio 24.9. It has cash and short-term investments of ¥3.1B.
Key information
34.3%
Debt to equity ratio
JP¥2.87b
Debt
| Interest coverage ratio | 24.9x |
| Cash | JP¥3.08b |
| Equity | JP¥8.37b |
| Total liabilities | JP¥5.98b |
| Total assets | JP¥14.35b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5189's short term assets (¥10.0B) exceed its short term liabilities (¥3.7B).
Long Term Liabilities: 5189's short term assets (¥10.0B) exceed its long term liabilities (¥2.3B).
Debt to Equity History and Analysis
Debt Level: 5189 has more cash than its total debt.
Reducing Debt: 5189's debt to equity ratio has reduced from 49.4% to 34.3% over the past 5 years.
Debt Coverage: 5189's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: 5189's interest payments on its debt are well covered by EBIT (24.9x coverage).