Sansha Electric ManufacturingLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sansha Electric ManufacturingLtd has a total shareholder equity of ¥24.4B and total debt of ¥1,000.0M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are ¥35.3B and ¥10.9B respectively. Sansha Electric ManufacturingLtd's EBIT is ¥3.4B making its interest coverage ratio -681.6. It has cash and short-term investments of ¥5.8B.
Key information
4.1%
Debt to equity ratio
JP¥1.00b
Debt
Interest coverage ratio | -681.6x |
Cash | JP¥5.83b |
Equity | JP¥24.43b |
Total liabilities | JP¥10.90b |
Total assets | JP¥35.33b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6882's short term assets (¥27.4B) exceed its short term liabilities (¥10.5B).
Long Term Liabilities: 6882's short term assets (¥27.4B) exceed its long term liabilities (¥380.0M).
Debt to Equity History and Analysis
Debt Level: 6882 has more cash than its total debt.
Reducing Debt: 6882's debt to equity ratio has increased from 0.5% to 4.1% over the past 5 years.
Debt Coverage: 6882's debt is well covered by operating cash flow (230.3%).
Interest Coverage: 6882 earns more interest than it pays, so coverage of interest payments is not a concern.