Sato Shoji Balance Sheet Health
Financial Health criteria checks 5/6
Sato Shoji has a total shareholder equity of ¥61.7B and total debt of ¥29.6B, which brings its debt-to-equity ratio to 48%. Its total assets and total liabilities are ¥171.8B and ¥110.1B respectively. Sato Shoji's EBIT is ¥6.2B making its interest coverage ratio -11. It has cash and short-term investments of ¥3.5B.
Key information
48.0%
Debt to equity ratio
JP¥29.61b
Debt
| Interest coverage ratio | -11x |
| Cash | JP¥3.54b |
| Equity | JP¥61.75b |
| Total liabilities | JP¥110.08b |
| Total assets | JP¥171.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8065's short term assets (¥130.8B) exceed its short term liabilities (¥93.6B).
Long Term Liabilities: 8065's short term assets (¥130.8B) exceed its long term liabilities (¥16.5B).
Debt to Equity History and Analysis
Debt Level: 8065's net debt to equity ratio (42.2%) is considered high.
Reducing Debt: 8065's debt to equity ratio has reduced from 53.2% to 48% over the past 5 years.
Debt Coverage: 8065's debt is well covered by operating cash flow (28.2%).
Interest Coverage: 8065 earns more interest than it pays, so coverage of interest payments is not a concern.