Sanko SangyoLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sanko SangyoLtd has a total shareholder equity of ¥8.2B and total debt of ¥776.0M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are ¥11.8B and ¥3.5B respectively. Sanko SangyoLtd's EBIT is ¥3.0M making its interest coverage ratio -0.3. It has cash and short-term investments of ¥2.3B.
Key information
9.4%
Debt to equity ratio
JP¥776.00m
Debt
| Interest coverage ratio | -0.3x |
| Cash | JP¥2.31b |
| Equity | JP¥8.24b |
| Total liabilities | JP¥3.53b |
| Total assets | JP¥11.77b |
Recent financial health updates
Recent updates
Returns On Capital Are Showing Encouraging Signs At Sanko SangyoLtd (TYO:7922)
May 07
Should You Buy Sanko Sangyo Co.,Ltd. (TYO:7922) For Its Dividend?
Mar 25Does Sanko SangyoLtd (TYO:7922) Have A Healthy Balance Sheet?
Feb 18
What We Make Of Sanko SangyoLtd's (TYO:7922) Returns On Capital
Jan 13Do Investors Have Good Reason To Be Wary Of Sanko Sangyo Co.,Ltd.'s (TYO:7922) 1.1% Dividend Yield?
Nov 20Financial Position Analysis
Short Term Liabilities: 7922's short term assets (¥7.2B) exceed its short term liabilities (¥3.0B).
Long Term Liabilities: 7922's short term assets (¥7.2B) exceed its long term liabilities (¥501.0M).
Debt to Equity History and Analysis
Debt Level: 7922 has more cash than its total debt.
Reducing Debt: 7922's debt to equity ratio has increased from 0% to 9.4% over the past 5 years.
Debt Coverage: 7922's debt is well covered by operating cash flow (44.7%).
Interest Coverage: 7922 earns more interest than it pays, so coverage of interest payments is not a concern.