Sanix Balance Sheet Health
Financial Health criteria checks 4/6
Sanix has a total shareholder equity of ¥7.9B and total debt of ¥10.5B, which brings its debt-to-equity ratio to 132.3%. Its total assets and total liabilities are ¥35.2B and ¥27.2B respectively. Sanix's EBIT is ¥3.1B making its interest coverage ratio 12.5. It has cash and short-term investments of ¥4.9B.
Key information
132.3%
Debt to equity ratio
JP¥10.49b
Debt
Interest coverage ratio | 12.5x |
Cash | JP¥4.85b |
Equity | JP¥7.93b |
Total liabilities | JP¥27.24b |
Total assets | JP¥35.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4651's short term assets (¥14.6B) do not cover its short term liabilities (¥16.8B).
Long Term Liabilities: 4651's short term assets (¥14.6B) exceed its long term liabilities (¥10.5B).
Debt to Equity History and Analysis
Debt Level: 4651's net debt to equity ratio (71.1%) is considered high.
Reducing Debt: 4651's debt to equity ratio has reduced from 309.1% to 132.3% over the past 5 years.
Debt Coverage: 4651's debt is well covered by operating cash flow (38.8%).
Interest Coverage: 4651's interest payments on its debt are well covered by EBIT (12.5x coverage).