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 |
Cash | JP¥2.07b |
Equity | JP¥14.59b |
Total liabilities | JP¥12.30b |
Total assets | JP¥26.88b |
Recent financial health updates
No updates
Recent updates
Seiko Electric (TSE:6653) Will Pay A Dividend Of ¥20.00
Nov 20Seiko Electric (TSE:6653) Will Pay A Dividend Of ¥20.00
Nov 04There's Been No Shortage Of Growth Recently For Seiko Electric's (TSE:6653) Returns On Capital
Sep 10Seiko Electric (TSE:6653) Will Pay A Dividend Of ¥20.00
Aug 22It's Down 32% But Seiko Electric Co., Ltd. (TSE:6653) Could Be Riskier Than It Looks
Aug 06Seiko Electric (TSE:6653) Will Pay A Dividend Of ¥20.00
Aug 02Seiko Electric's (TSE:6653) Upcoming Dividend Will Be Larger Than Last Year's
Jun 19Seiko Electric's (TSE:6653) Upcoming Dividend Will Be Larger Than Last Year's
May 09Seiko Electric (TSE:6653) Has Announced That It Will Be Increasing Its Dividend To ¥20.00
Apr 25Seiko Electric (TSE:6653) Has Announced That It Will Be Increasing Its Dividend To ¥20.00
Apr 11Investors Shouldn't Be Too Comfortable With Seiko Electric's (TSE:6653) Earnings
Apr 03Financial 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.