Sanki Service Balance Sheet Health
Financial Health criteria checks 5/6
Sanki Service has a total shareholder equity of ¥4.0B and total debt of ¥737.0M, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are ¥8.0B and ¥3.9B respectively. Sanki Service's EBIT is ¥697.0M making its interest coverage ratio -697. It has cash and short-term investments of ¥1.9B.
Key information
18.3%
Debt to equity ratio
JP¥737.00m
Debt
Interest coverage ratio | -697x |
Cash | JP¥1.92b |
Equity | JP¥4.02b |
Total liabilities | JP¥3.93b |
Total assets | JP¥7.95b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6044's short term assets (¥6.4B) exceed its short term liabilities (¥3.1B).
Long Term Liabilities: 6044's short term assets (¥6.4B) exceed its long term liabilities (¥871.0M).
Debt to Equity History and Analysis
Debt Level: 6044 has more cash than its total debt.
Reducing Debt: 6044's debt to equity ratio has increased from 4.4% to 18.3% over the past 5 years.
Debt Coverage: 6044's debt is well covered by operating cash flow (27.4%).
Interest Coverage: 6044 earns more interest than it pays, so coverage of interest payments is not a concern.