Seiko Electric Co., Ltd.

TSE:6653 Stock Report

Market Cap: JP¥15.4b

Seiko Electric Balance Sheet Health

Financial Health criteria checks 5/6

Seiko Electric has a total shareholder equity of ¥14.6B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are ¥26.9B and ¥12.3B respectively. Seiko Electric's EBIT is ¥1.9B making its interest coverage ratio -26.1. It has cash and short-term investments of ¥2.1B.

Key information

13.2%

Debt to equity ratio

JP¥1.93b

Debt

Interest coverage ratio-26.1x
CashJP¥2.07b
EquityJP¥14.59b
Total liabilitiesJP¥12.30b
Total assetsJP¥26.88b

Recent financial health updates

No updates

Recent updates

Seiko Electric (TSE:6653) Will Pay A Dividend Of ¥20.00

Dec 14
Seiko Electric (TSE:6653) Will Pay A Dividend Of ¥20.00

Seiko Electric (TSE:6653) Will Pay A Dividend Of ¥20.00

Nov 20
Seiko Electric (TSE:6653) Will Pay A Dividend Of ¥20.00

Seiko Electric (TSE:6653) Will Pay A Dividend Of ¥20.00

Nov 04
Seiko Electric (TSE:6653) Will Pay A Dividend Of ¥20.00

There's Been No Shortage Of Growth Recently For Seiko Electric's (TSE:6653) Returns On Capital

Sep 10
There's Been No Shortage Of Growth Recently For Seiko Electric's (TSE:6653) Returns On Capital

Seiko Electric (TSE:6653) Will Pay A Dividend Of ¥20.00

Aug 22
Seiko Electric (TSE:6653) Will Pay A Dividend Of ¥20.00

It's Down 32% But Seiko Electric Co., Ltd. (TSE:6653) Could Be Riskier Than It Looks

Aug 06
It's Down 32% But Seiko Electric Co., Ltd. (TSE:6653) Could Be Riskier Than It Looks

Seiko Electric (TSE:6653) Will Pay A Dividend Of ¥20.00

Aug 02
Seiko Electric (TSE:6653) Will Pay A Dividend Of ¥20.00

Seiko Electric's (TSE:6653) Upcoming Dividend Will Be Larger Than Last Year's

Jun 19
Seiko Electric's (TSE:6653) Upcoming Dividend Will Be Larger Than Last Year's

Seiko Electric's (TSE:6653) Upcoming Dividend Will Be Larger Than Last Year's

May 09
Seiko Electric's (TSE:6653) Upcoming Dividend Will Be Larger Than Last Year's

Seiko Electric (TSE:6653) Has Announced That It Will Be Increasing Its Dividend To ¥20.00

Apr 25
Seiko Electric (TSE:6653) Has Announced That It Will Be Increasing Its Dividend To ¥20.00

Seiko Electric (TSE:6653) Has Announced That It Will Be Increasing Its Dividend To ¥20.00

Apr 11
Seiko Electric (TSE:6653) Has Announced That It Will Be Increasing Its Dividend To ¥20.00

Investors Shouldn't Be Too Comfortable With Seiko Electric's (TSE:6653) Earnings

Apr 03
Investors Shouldn't Be Too Comfortable With Seiko Electric's (TSE:6653) Earnings

Financial Position Analysis

Short Term Liabilities: 6653's short term assets (¥15.5B) exceed its short term liabilities (¥9.0B).

Long Term Liabilities: 6653's short term assets (¥15.5B) exceed its long term liabilities (¥3.3B).


Debt to Equity History and Analysis

Debt Level: 6653 has more cash than its total debt.

Reducing Debt: 6653's debt to equity ratio has increased from 8.4% to 13.2% over the past 5 years.

Debt Coverage: 6653's debt is well covered by operating cash flow (148.8%).

Interest Coverage: 6653 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 05:40
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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Industry and Sector Metrics

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Analyst Sources

Seiko Electric Co., Ltd. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Koichi HariyaIchiyoshi Research Institute Inc.