Seiko Balance Sheet Health
Financial Health criteria checks 5/6
Seiko has a total shareholder equity of ¥15.4B and total debt of ¥4.2B, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are ¥27.5B and ¥12.1B respectively. Seiko's EBIT is ¥1.3B making its interest coverage ratio -21.6. It has cash and short-term investments of ¥7.2B.
Key information
27.2%
Debt to equity ratio
JP¥4.18b
Debt
| Interest coverage ratio | -21.6x |
| Cash | JP¥7.22b |
| Equity | JP¥15.37b |
| Total liabilities | JP¥12.13b |
| Total assets | JP¥27.51b |
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
Why Investors Shouldn't Be Surprised By Seiko Corporation's (TSE:6286) Low P/E
Aug 06Seiko (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 (¥16.2B) exceed its short term liabilities (¥10.4B).
Long Term Liabilities: 6286's short term assets (¥16.2B) exceed its long term liabilities (¥1.8B).
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 15% to 27.2% over the past 5 years.
Debt Coverage: 6286's debt is well covered by operating cash flow (40.1%).
Interest Coverage: 6286 earns more interest than it pays, so coverage of interest payments is not a concern.