Sinko Industries Balance Sheet Health
Financial Health criteria checks 6/6
Sinko Industries has a total shareholder equity of ¥63.7B and total debt of ¥3.2B, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are ¥85.8B and ¥22.1B respectively. Sinko Industries's EBIT is ¥9.7B making its interest coverage ratio -32. It has cash and short-term investments of ¥21.5B.
Key information
5.0%
Debt to equity ratio
JP¥3.19b
Debt
| Interest coverage ratio | -32x |
| Cash | JP¥21.47b |
| Equity | JP¥63.71b |
| Total liabilities | JP¥22.07b |
| Total assets | JP¥85.79b |
Recent financial health updates
No updates
Recent updates
Sinko Industries (TSE:6458) Will Pay A Dividend Of ¥45.00
Sep 25
Sinko Industries Ltd.'s (TSE:6458) P/E Is Still On The Mark Following 28% Share Price Bounce
Sep 02Here's What To Make Of Sinko Industries' (TSE:6458) Decelerating Rates Of Return
Aug 29Sinko Industries' (TSE:6458) Dividend Will Be ¥45.00
Jul 26Sinko Industries (TSE:6458) Will Pay A Dividend Of ¥45.00
Jul 12Sinko Industries (TSE:6458) Is Increasing Its Dividend To ¥50.00
Mar 12Sinko Industries' (TSE:6458) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 27Financial Position Analysis
Short Term Liabilities: 6458's short term assets (¥48.1B) exceed its short term liabilities (¥15.8B).
Long Term Liabilities: 6458's short term assets (¥48.1B) exceed its long term liabilities (¥6.3B).
Debt to Equity History and Analysis
Debt Level: 6458 has more cash than its total debt.
Reducing Debt: 6458's debt to equity ratio has reduced from 5.6% to 5% over the past 5 years.
Debt Coverage: 6458's debt is well covered by operating cash flow (279.6%).
Interest Coverage: 6458 earns more interest than it pays, so coverage of interest payments is not a concern.