Sanyo Industries Balance Sheet Health
Financial Health criteria checks 6/6
Sanyo Industries has a total shareholder equity of ¥20.2B and total debt of ¥665.0M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are ¥30.9B and ¥10.7B respectively. Sanyo Industries's EBIT is ¥2.5B making its interest coverage ratio -87.7. It has cash and short-term investments of ¥9.6B.
Key information
3.3%
Debt to equity ratio
JP¥665.00m
Debt
Interest coverage ratio | -87.7x |
Cash | JP¥9.58b |
Equity | JP¥20.19b |
Total liabilities | JP¥10.73b |
Total assets | JP¥30.92b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5958's short term assets (¥22.0B) exceed its short term liabilities (¥9.9B).
Long Term Liabilities: 5958's short term assets (¥22.0B) exceed its long term liabilities (¥815.0M).
Debt to Equity History and Analysis
Debt Level: 5958 has more cash than its total debt.
Reducing Debt: 5958's debt to equity ratio has reduced from 7.4% to 3.3% over the past 5 years.
Debt Coverage: 5958's debt is well covered by operating cash flow (399.8%).
Interest Coverage: 5958 earns more interest than it pays, so coverage of interest payments is not a concern.