Sanko Gosei Balance Sheet Health
Financial Health criteria checks 6/6
Sanko Gosei has a total shareholder equity of ¥28.3B and total debt of ¥17.0B, which brings its debt-to-equity ratio to 60%. Its total assets and total liabilities are ¥70.7B and ¥42.4B respectively. Sanko Gosei's EBIT is ¥4.1B making its interest coverage ratio 11.2. It has cash and short-term investments of ¥8.6B.
Key information
60.0%
Debt to equity ratio
JP¥16.98b
Debt
Interest coverage ratio | 11.2x |
Cash | JP¥8.55b |
Equity | JP¥28.30b |
Total liabilities | JP¥42.43b |
Total assets | JP¥70.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7888's short term assets (¥38.1B) exceed its short term liabilities (¥30.9B).
Long Term Liabilities: 7888's short term assets (¥38.1B) exceed its long term liabilities (¥11.5B).
Debt to Equity History and Analysis
Debt Level: 7888's net debt to equity ratio (29.8%) is considered satisfactory.
Reducing Debt: 7888's debt to equity ratio has reduced from 63% to 60% over the past 5 years.
Debt Coverage: 7888's debt is well covered by operating cash flow (28.8%).
Interest Coverage: 7888's interest payments on its debt are well covered by EBIT (11.2x coverage).