Sakai Heavy Industries Balance Sheet Health
Financial Health criteria checks 6/6
Sakai Heavy Industries has a total shareholder equity of ¥28.4B and total debt of ¥4.9B, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are ¥44.9B and ¥16.4B respectively. Sakai Heavy Industries's EBIT is ¥3.5B making its interest coverage ratio 116.7. It has cash and short-term investments of ¥7.7B.
Key information
17.3%
Debt to equity ratio
JP¥4.93b
Debt
Interest coverage ratio | 116.7x |
Cash | JP¥7.67b |
Equity | JP¥28.43b |
Total liabilities | JP¥16.44b |
Total assets | JP¥44.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6358's short term assets (¥29.9B) exceed its short term liabilities (¥14.8B).
Long Term Liabilities: 6358's short term assets (¥29.9B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 6358 has more cash than its total debt.
Reducing Debt: 6358's debt to equity ratio has reduced from 23.8% to 17.3% over the past 5 years.
Debt Coverage: 6358's debt is well covered by operating cash flow (36.3%).
Interest Coverage: 6358's interest payments on its debt are well covered by EBIT (116.7x coverage).