Sanyo Denki Balance Sheet Health
Financial Health criteria checks 6/6
Sanyo Denki has a total shareholder equity of ¥110.4B and total debt of ¥11.9B, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are ¥150.7B and ¥40.3B respectively. Sanyo Denki's EBIT is ¥11.8B making its interest coverage ratio -7.8. It has cash and short-term investments of ¥27.4B.
Key information
10.8%
Debt to equity ratio
JP¥11.92b
Debt
Interest coverage ratio | -7.8x |
Cash | JP¥27.38b |
Equity | JP¥110.37b |
Total liabilities | JP¥40.32b |
Total assets | JP¥150.69b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6516's short term assets (¥97.0B) exceed its short term liabilities (¥30.1B).
Long Term Liabilities: 6516's short term assets (¥97.0B) exceed its long term liabilities (¥10.2B).
Debt to Equity History and Analysis
Debt Level: 6516 has more cash than its total debt.
Reducing Debt: 6516's debt to equity ratio has reduced from 23.1% to 10.8% over the past 5 years.
Debt Coverage: 6516's debt is well covered by operating cash flow (180%).
Interest Coverage: 6516 earns more interest than it pays, so coverage of interest payments is not a concern.