Sanei Balance Sheet Health
Financial Health criteria checks 6/6
Sanei has a total shareholder equity of ¥13.4B and total debt of ¥2.6B, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are ¥23.8B and ¥10.5B respectively. Sanei's EBIT is ¥1.9B making its interest coverage ratio -1914. It has cash and short-term investments of ¥2.2B.
Key information
19.3%
Debt to equity ratio
JP¥2.57b
Debt
Interest coverage ratio | -1914x |
Cash | JP¥2.24b |
Equity | JP¥13.35b |
Total liabilities | JP¥10.48b |
Total assets | JP¥23.83b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6230's short term assets (¥15.8B) exceed its short term liabilities (¥7.9B).
Long Term Liabilities: 6230's short term assets (¥15.8B) exceed its long term liabilities (¥2.6B).
Debt to Equity History and Analysis
Debt Level: 6230's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: 6230's debt to equity ratio has reduced from 22.8% to 19.3% over the past 5 years.
Debt Coverage: 6230's debt is well covered by operating cash flow (55.7%).
Interest Coverage: 6230 earns more interest than it pays, so coverage of interest payments is not a concern.