Seki Balance Sheet Health
Financial Health criteria checks 6/6
Seki has a total shareholder equity of ¥15.5B and total debt of ¥243.0M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are ¥18.1B and ¥2.6B respectively. Seki's EBIT is ¥274.0M making its interest coverage ratio -1.9. It has cash and short-term investments of ¥3.6B.
Key information
1.6%
Debt to equity ratio
JP¥243.00m
Debt
| Interest coverage ratio | -1.9x |
| Cash | JP¥3.62b |
| Equity | JP¥15.53b |
| Total liabilities | JP¥2.57b |
| Total assets | JP¥18.09b |
Recent financial health updates
We Think Seki (TYO:7857) Can Stay On Top Of Its Debt
May 07
Seki (TYO:7857) Seems To Use Debt Quite Sensibly
Jan 27Recent updates
Seki's (TSE:7857) Solid Earnings May Rest On Weak Foundations
Nov 22Seki's (TSE:7857) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 23We Think Seki (TYO:7857) Can Stay On Top Of Its Debt
May 07Are Dividend Investors Making A Mistake With Seki Co., Ltd. (TYO:7857)?
Mar 10The Returns On Capital At Seki (TYO:7857) Don't Inspire Confidence
Feb 17
Seki (TYO:7857) Seems To Use Debt Quite Sensibly
Jan 27If You Had Bought Seki (TYO:7857) Stock Five Years Ago, You Could Pocket A 17% Gain Today
Dec 30Does Seki Co., Ltd. (TYO:7857) Have A Place In Your Dividend Stock Portfolio?
Dec 08These Metrics Don't Make Seki (TYO:7857) Look Too Strong
Nov 17Financial Position Analysis
Short Term Liabilities: 7857's short term assets (¥7.4B) exceed its short term liabilities (¥1.6B).
Long Term Liabilities: 7857's short term assets (¥7.4B) exceed its long term liabilities (¥1.0B).
Debt to Equity History and Analysis
Debt Level: 7857 has more cash than its total debt.
Reducing Debt: 7857's debt to equity ratio has reduced from 11.7% to 1.6% over the past 5 years.
Debt Coverage: 7857's debt is well covered by operating cash flow (174.9%).
Interest Coverage: 7857 earns more interest than it pays, so coverage of interest payments is not a concern.