Sanso ElectricLtd Balance Sheet Health
Financial Health criteria checks 6/6
Sanso ElectricLtd has a total shareholder equity of ¥11.7B and total debt of ¥2.1B, which brings its debt-to-equity ratio to 18.2%. Its total assets and total liabilities are ¥19.9B and ¥8.1B respectively. Sanso ElectricLtd's EBIT is ¥915.0M making its interest coverage ratio -48.2. It has cash and short-term investments of ¥4.7B.
Key information
18.2%
Debt to equity ratio
JP¥2.14b
Debt
| Interest coverage ratio | -48.2x |
| Cash | JP¥4.67b |
| Equity | JP¥11.75b |
| Total liabilities | JP¥8.11b |
| Total assets | JP¥19.86b |
Recent financial health updates
Recent updates
Here's What's Concerning About Sanso ElectricLtd's (TYO:6518) Returns On Capital
Apr 22
Here's How We Evaluate Sanso Electric Co.,Ltd.'s (TYO:6518) Dividend
Mar 23Here's Why Sanso ElectricLtd (TYO:6518) Can Manage Its Debt Responsibly
Feb 22If You Had Bought Sanso ElectricLtd (TYO:6518) Stock Five Years Ago, You Could Pocket A 73% Gain Today
Jan 26
We're Watching These Trends At Sanso ElectricLtd (TYO:6518)
Jan 03Should Sanso Electric Co.,Ltd. (TYO:6518) Be Part Of Your Dividend Portfolio?
Dec 06Financial Position Analysis
Short Term Liabilities: 6518's short term assets (¥13.2B) exceed its short term liabilities (¥5.2B).
Long Term Liabilities: 6518's short term assets (¥13.2B) exceed its long term liabilities (¥2.9B).
Debt to Equity History and Analysis
Debt Level: 6518 has more cash than its total debt.
Reducing Debt: 6518's debt to equity ratio has reduced from 25.5% to 18.2% over the past 5 years.
Debt Coverage: 6518's debt is well covered by operating cash flow (68.4%).
Interest Coverage: 6518 earns more interest than it pays, so coverage of interest payments is not a concern.