Seibu GikenLtd Balance Sheet Health
Financial Health criteria checks 5/6
Seibu GikenLtd has a total shareholder equity of ¥26.7B and total debt of ¥2.9B, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are ¥41.3B and ¥14.7B respectively. Seibu GikenLtd's EBIT is ¥3.7B making its interest coverage ratio -55.3. It has cash and short-term investments of ¥12.2B.
Key information
10.8%
Debt to equity ratio
JP¥2.87b
Debt
Interest coverage ratio | -55.3x |
Cash | JP¥12.22b |
Equity | JP¥26.67b |
Total liabilities | JP¥14.66b |
Total assets | JP¥41.33b |
Financial Position Analysis
Short Term Liabilities: 6223's short term assets (¥30.2B) exceed its short term liabilities (¥12.9B).
Long Term Liabilities: 6223's short term assets (¥30.2B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 6223 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6223's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6223's debt is well covered by operating cash flow (69.6%).
Interest Coverage: 6223 earns more interest than it pays, so coverage of interest payments is not a concern.