Sawafuji ElectricLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sawafuji ElectricLtd has a total shareholder equity of ¥11.6B and total debt of ¥3.3B, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are ¥22.9B and ¥11.3B respectively. Sawafuji ElectricLtd's EBIT is ¥695.0M making its interest coverage ratio -5.4. It has cash and short-term investments of ¥1.5B.
Key information
28.8%
Debt to equity ratio
JP¥3.34b
Debt
Interest coverage ratio | -5.4x |
Cash | JP¥1.55b |
Equity | JP¥11.62b |
Total liabilities | JP¥11.31b |
Total assets | JP¥22.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6901's short term assets (¥14.1B) exceed its short term liabilities (¥9.8B).
Long Term Liabilities: 6901's short term assets (¥14.1B) exceed its long term liabilities (¥1.5B).
Debt to Equity History and Analysis
Debt Level: 6901's net debt to equity ratio (15.5%) is considered satisfactory.
Reducing Debt: 6901's debt to equity ratio has increased from 17.3% to 28.8% over the past 5 years.
Debt Coverage: 6901's debt is well covered by operating cash flow (20.5%).
Interest Coverage: 6901 earns more interest than it pays, so coverage of interest payments is not a concern.