Seiwa Electric Mfg Balance Sheet Health
Financial Health criteria checks 5/6
Seiwa Electric Mfg has a total shareholder equity of ¥15.6B and total debt of ¥5.3B, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are ¥27.9B and ¥12.3B respectively. Seiwa Electric Mfg's EBIT is ¥1.0B making its interest coverage ratio -19.3. It has cash and short-term investments of ¥3.1B.
Key information
33.6%
Debt to equity ratio
JP¥5.25b
Debt
Interest coverage ratio | -19.3x |
Cash | JP¥3.14b |
Equity | JP¥15.65b |
Total liabilities | JP¥12.29b |
Total assets | JP¥27.94b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6748's short term assets (¥19.2B) exceed its short term liabilities (¥10.6B).
Long Term Liabilities: 6748's short term assets (¥19.2B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 6748's net debt to equity ratio (13.5%) is considered satisfactory.
Reducing Debt: 6748's debt to equity ratio has reduced from 57.8% to 33.6% over the past 5 years.
Debt Coverage: 6748's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: 6748 earns more interest than it pays, so coverage of interest payments is not a concern.