Seiwa Electric Mfg. Co., Ltd.

TSE:6748 Stock Report

Market Cap: JP¥7.0b

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
CashJP¥3.56b
EquityJP¥16.26b
Total liabilitiesJP¥11.67b
Total assetsJP¥27.93b

Recent financial health updates

Recent updates

Seiwa Electric Mfg (TSE:6748) Has A Rock Solid Balance Sheet

Sep 27
Seiwa Electric Mfg (TSE:6748) Has A Rock Solid Balance Sheet

The Return Trends At Seiwa Electric Mfg (TSE:6748) Look Promising

Aug 06
The Return Trends At Seiwa Electric Mfg (TSE:6748) Look Promising

Seiwa Electric Mfg (TSE:6748) Is Doing The Right Things To Multiply Its Share Price

Apr 15
Seiwa Electric Mfg (TSE:6748) Is Doing The Right Things To Multiply Its Share Price

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.


Balance Sheet


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