Sanyo Denki Balance Sheet Health
Financial Health criteria checks 6/6
Sanyo Denki has a total shareholder equity of ¥107.8B and total debt of ¥9.7B, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are ¥145.1B and ¥37.3B respectively. Sanyo Denki's EBIT is ¥7.9B making its interest coverage ratio 5.2. It has cash and short-term investments of ¥28.5B.
Key information
9.0%
Debt to equity ratio
JP¥9.70b
Debt
| Interest coverage ratio | 5.2x |
| Cash | JP¥28.51b |
| Equity | JP¥107.78b |
| Total liabilities | JP¥37.30b |
| Total assets | JP¥145.08b |
Financial Position Analysis
Short Term Liabilities: 6516's short term assets (¥94.6B) exceed its short term liabilities (¥28.1B).
Long Term Liabilities: 6516's short term assets (¥94.6B) exceed its long term liabilities (¥9.2B).
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 25.9% to 9% over the past 5 years.
Debt Coverage: 6516's debt is well covered by operating cash flow (199.3%).
Interest Coverage: 6516's interest payments on its debt are well covered by EBIT (5.2x coverage).