Sun Messe Balance Sheet Health
Financial Health criteria checks 6/6
Sun Messe has a total shareholder equity of ¥11.6B and total debt of ¥1.6B, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are ¥19.2B and ¥7.6B respectively. Sun Messe's EBIT is ¥241.0M making its interest coverage ratio -2.2. It has cash and short-term investments of ¥2.9B.
Key information
13.6%
Debt to equity ratio
JP¥1.58b
Debt
| Interest coverage ratio | -2.2x |
| Cash | JP¥2.93b |
| Equity | JP¥11.62b |
| Total liabilities | JP¥7.62b |
| Total assets | JP¥19.24b |
Recent financial health updates
Sun Messe (TYO:7883) Has A Pretty Healthy Balance Sheet
Apr 16
These 4 Measures Indicate That Sun Messe (TYO:7883) Is Using Debt Reasonably Well
Dec 22Recent updates
Here's Why I Think Sun Messe (TYO:7883) Is An Interesting Stock
May 07Sun Messe (TYO:7883) Has A Pretty Healthy Balance Sheet
Apr 16How Much Did Sun Messe's(TYO:7883) Shareholders Earn From Share Price Movements Over The Last Three Years?
Mar 16Is Sun Messe Co., Ltd. (TYO:7883) A Smart Pick For Income Investors?
Feb 25What We Make Of Sun Messe's (TYO:7883) Returns On Capital
Feb 03Are Sun Messe's (TYO:7883) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 13These 4 Measures Indicate That Sun Messe (TYO:7883) Is Using Debt Reasonably Well
Dec 22If You Had Bought Sun Messe's (TYO:7883) Shares Three Years Ago You Would Be Down 23%
Dec 02Financial Position Analysis
Short Term Liabilities: 7883's short term assets (¥6.9B) exceed its short term liabilities (¥4.6B).
Long Term Liabilities: 7883's short term assets (¥6.9B) exceed its long term liabilities (¥3.0B).
Debt to Equity History and Analysis
Debt Level: 7883 has more cash than its total debt.
Reducing Debt: 7883's debt to equity ratio has reduced from 18.2% to 13.6% over the past 5 years.
Debt Coverage: 7883's debt is well covered by operating cash flow (58%).
Interest Coverage: 7883 earns more interest than it pays, so coverage of interest payments is not a concern.