Sinko Industries Balance Sheet Health
Financial Health criteria checks 6/6
Sinko Industries has a total shareholder equity of ¥63.6B and total debt of ¥2.7B, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are ¥83.9B and ¥20.3B respectively. Sinko Industries's EBIT is ¥9.7B making its interest coverage ratio -31.9. It has cash and short-term investments of ¥21.2B.
Key information
4.2%
Debt to equity ratio
JP¥2.67b
Debt
| Interest coverage ratio | -31.9x |
| Cash | JP¥21.24b |
| Equity | JP¥63.63b |
| Total liabilities | JP¥20.27b |
| Total assets | JP¥83.90b |
Recent financial health updates
Recent updates
There May Be Underlying Issues With The Quality Of Sinko Industries' (TSE:6458) Earnings
Nov 23
Does Sinko Industries (TSE:6458) Have A Healthy Balance Sheet?
Nov 13Sinko Industries (TSE:6458) Will Pay A Dividend Of ¥45.00
Sep 25Sinko 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 (¥47.2B) exceed its short term liabilities (¥14.8B).
Long Term Liabilities: 6458's short term assets (¥47.2B) exceed its long term liabilities (¥5.4B).
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 4.7% to 4.2% over the past 5 years.
Debt Coverage: 6458's debt is well covered by operating cash flow (248.9%).
Interest Coverage: 6458 earns more interest than it pays, so coverage of interest payments is not a concern.