Seiwa Electric Mfg Balance Sheet Health
Financial Health criteria checks 6/6
Seiwa Electric Mfg has a total shareholder equity of ¥16.3B and total debt of ¥4.5B, which brings its debt-to-equity ratio to 27.5%. Its total assets and total liabilities are ¥27.9B and ¥11.7B respectively. Seiwa Electric Mfg's EBIT is ¥1.4B making its interest coverage ratio -22.5. It has cash and short-term investments of ¥3.6B.
Key information
27.5%
Debt to equity ratio
JP¥4.47b
Debt
| Interest coverage ratio | -22.5x |
| Cash | JP¥3.56b |
| Equity | JP¥16.26b |
| Total liabilities | JP¥11.67b |
| Total assets | JP¥27.93b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6748's short term assets (¥18.9B) exceed its short term liabilities (¥10.0B).
Long Term Liabilities: 6748's short term assets (¥18.9B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 6748's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: 6748's debt to equity ratio has reduced from 45.3% to 27.5% over the past 5 years.
Debt Coverage: 6748's debt is well covered by operating cash flow (26.5%).
Interest Coverage: 6748 earns more interest than it pays, so coverage of interest payments is not a concern.