Sansha Electric ManufacturingLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sansha Electric ManufacturingLtd has a total shareholder equity of ¥23.8B and total debt of ¥1,000.0M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are ¥32.1B and ¥8.3B respectively. Sansha Electric ManufacturingLtd's EBIT is ¥2.5B making its interest coverage ratio -146.5. It has cash and short-term investments of ¥5.7B.
Key information
4.2%
Debt to equity ratio
JP¥1.00b
Debt
| Interest coverage ratio | -146.5x |
| Cash | JP¥5.71b |
| Equity | JP¥23.80b |
| Total liabilities | JP¥8.25b |
| Total assets | JP¥32.05b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6882's short term assets (¥23.5B) exceed its short term liabilities (¥7.7B).
Long Term Liabilities: 6882's short term assets (¥23.5B) exceed its long term liabilities (¥560.0M).
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% to 4.2% over the past 5 years.
Debt Coverage: 6882's debt is well covered by operating cash flow (316.2%).
Interest Coverage: 6882 earns more interest than it pays, so coverage of interest payments is not a concern.