Sankyo Kasei Balance Sheet Health
Financial Health criteria checks 6/6
Sankyo Kasei has a total shareholder equity of ¥10.0B and total debt of ¥159.0M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are ¥18.1B and ¥8.1B respectively. Sankyo Kasei's EBIT is ¥356.0M making its interest coverage ratio -3.6. It has cash and short-term investments of ¥2.5B.
Key information
1.6%
Debt to equity ratio
JP¥159.00m
Debt
Interest coverage ratio | -3.6x |
Cash | JP¥2.48b |
Equity | JP¥9.96b |
Total liabilities | JP¥8.14b |
Total assets | JP¥18.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8138's short term assets (¥11.9B) exceed its short term liabilities (¥7.1B).
Long Term Liabilities: 8138's short term assets (¥11.9B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: 8138 has more cash than its total debt.
Reducing Debt: 8138's debt to equity ratio has reduced from 1.9% to 1.6% over the past 5 years.
Debt Coverage: 8138's debt is well covered by operating cash flow (911.3%).
Interest Coverage: 8138 earns more interest than it pays, so coverage of interest payments is not a concern.