Seiko Balance Sheet Health
Financial Health criteria checks 5/6
Seiko has a total shareholder equity of ¥14.6B and total debt of ¥4.8B, which brings its debt-to-equity ratio to 32.7%. Its total assets and total liabilities are ¥27.9B and ¥13.3B respectively. Seiko's EBIT is ¥795.0M making its interest coverage ratio -11.2. It has cash and short-term investments of ¥7.8B.
Key information
32.7%
Debt to equity ratio
JP¥4.79b
Debt
| Interest coverage ratio | -11.2x |
| Cash | JP¥7.79b |
| Equity | JP¥14.64b |
| Total liabilities | JP¥13.28b |
| Total assets | JP¥27.92b |
Recent financial health updates
Seiko (TYO:6286) Has A Pretty Healthy Balance Sheet
May 03
Is Seiko (TYO:6286) Using Too Much Debt?
Feb 01Recent updates
Seiko (TYO:6286) Has A Pretty Healthy Balance Sheet
May 03Seiko (TYO:6286) Is Doing The Right Things To Multiply Its Share Price
Mar 29Should Seiko Corporation (TYO:6286) Be Part Of Your Dividend Portfolio?
Mar 02Is Seiko (TYO:6286) Using Too Much Debt?
Feb 01Does Seiko (TYO:6286) Have The Makings Of A Multi-Bagger?
Dec 29
Would Seiko Corporation (TYO:6286) Be Valuable To Income Investors?
Nov 30Financial Position Analysis
Short Term Liabilities: 6286's short term assets (¥17.4B) exceed its short term liabilities (¥11.0B).
Long Term Liabilities: 6286's short term assets (¥17.4B) exceed its long term liabilities (¥2.3B).
Debt to Equity History and Analysis
Debt Level: 6286 has more cash than its total debt.
Reducing Debt: 6286's debt to equity ratio has increased from 17.9% to 32.7% over the past 5 years.
Debt Coverage: 6286's debt is well covered by operating cash flow (51.7%).
Interest Coverage: 6286 earns more interest than it pays, so coverage of interest payments is not a concern.