Sanki Service Balance Sheet Health
Financial Health criteria checks 5/6
Sanki Service has a total shareholder equity of ¥4.2B and total debt of ¥695.0M, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are ¥8.6B and ¥4.4B respectively. Sanki Service's EBIT is ¥736.0M making its interest coverage ratio -736. It has cash and short-term investments of ¥2.1B.
Key information
16.5%
Debt to equity ratio
JP¥695.00m
Debt
Interest coverage ratio | -736x |
Cash | JP¥2.07b |
Equity | JP¥4.21b |
Total liabilities | JP¥4.40b |
Total assets | JP¥8.61b |
Recent financial health updates
No updates
Recent updates
We Think Sanki Service's (TSE:6044) Solid Earnings Are Understated
Jul 19Sanki Service (TSE:6044) Is Paying Out Less In Dividends Than Last Year
May 21Sanki Service (TSE:6044) Is Reducing Its Dividend To ¥20.00
Apr 25Sanki Service's (TSE:6044) Shareholders Will Receive A Smaller Dividend Than Last Year
Feb 27Financial Position Analysis
Short Term Liabilities: 6044's short term assets (¥7.0B) exceed its short term liabilities (¥3.5B).
Long Term Liabilities: 6044's short term assets (¥7.0B) exceed its long term liabilities (¥879.0M).
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 3.6% to 16.5% over the past 5 years.
Debt Coverage: 6044's debt is well covered by operating cash flow (149.4%).
Interest Coverage: 6044 earns more interest than it pays, so coverage of interest payments is not a concern.