Seiko Electric Co., Ltd.

TSE:6653 Stock Report

Market Cap: JP¥14.6b

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

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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