Sakai Heavy Industries Balance Sheet Health
Financial Health criteria checks 6/6
Sakai Heavy Industries has a total shareholder equity of ¥29.7B and total debt of ¥4.6B, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are ¥44.4B and ¥14.7B respectively. Sakai Heavy Industries's EBIT is ¥3.2B making its interest coverage ratio 100.5. It has cash and short-term investments of ¥8.8B.
Key information
15.5%
Debt to equity ratio
JP¥4.61b
Debt
| Interest coverage ratio | 100.5x |
| Cash | JP¥8.85b |
| Equity | JP¥29.68b |
| Total liabilities | JP¥14.70b |
| Total assets | JP¥44.38b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6358's short term assets (¥28.5B) exceed its short term liabilities (¥12.6B).
Long Term Liabilities: 6358's short term assets (¥28.5B) exceed its long term liabilities (¥2.1B).
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 25.7% to 15.5% over the past 5 years.
Debt Coverage: 6358's debt is well covered by operating cash flow (53.9%).
Interest Coverage: 6358's interest payments on its debt are well covered by EBIT (100.5x coverage).