Sakura Rubber Balance Sheet Health
Financial Health criteria checks 5/6
Sakura Rubber has a total shareholder equity of ¥8.0B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 38.9%. Its total assets and total liabilities are ¥14.3B and ¥6.2B respectively. Sakura Rubber's EBIT is ¥858.0M making its interest coverage ratio 28.6. It has cash and short-term investments of ¥2.7B.
Key information
38.9%
Debt to equity ratio
JP¥3.12b
Debt
Interest coverage ratio | 28.6x |
Cash | JP¥2.73b |
Equity | JP¥8.02b |
Total liabilities | JP¥6.25b |
Total assets | JP¥14.27b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5189's short term assets (¥9.9B) exceed its short term liabilities (¥3.5B).
Long Term Liabilities: 5189's short term assets (¥9.9B) exceed its long term liabilities (¥2.8B).
Debt to Equity History and Analysis
Debt Level: 5189's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: 5189's debt to equity ratio has reduced from 54.3% to 38.9% over the past 5 years.
Debt Coverage: 5189's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: 5189's interest payments on its debt are well covered by EBIT (28.6x coverage).