Seibu Electric & Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Seibu Electric & Machinery has a total shareholder equity of ¥29.3B and total debt of ¥416.0M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ¥49.7B and ¥20.4B respectively. Seibu Electric & Machinery's EBIT is ¥3.1B making its interest coverage ratio -32.3. It has cash and short-term investments of ¥12.7B.
Key information
1.4%
Debt to equity ratio
JP¥416.00m
Debt
Interest coverage ratio | -32.3x |
Cash | JP¥12.67b |
Equity | JP¥29.33b |
Total liabilities | JP¥20.40b |
Total assets | JP¥49.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6144's short term assets (¥27.4B) exceed its short term liabilities (¥16.2B).
Long Term Liabilities: 6144's short term assets (¥27.4B) exceed its long term liabilities (¥4.2B).
Debt to Equity History and Analysis
Debt Level: 6144 has more cash than its total debt.
Reducing Debt: 6144's debt to equity ratio has reduced from 2% to 1.4% over the past 5 years.
Debt Coverage: 6144's debt is well covered by operating cash flow (815.6%).
Interest Coverage: 6144 earns more interest than it pays, so coverage of interest payments is not a concern.