Sanritsu Balance Sheet Health
Financial Health criteria checks 5/6
Sanritsu has a total shareholder equity of ¥11.4B and total debt of ¥6.7B, which brings its debt-to-equity ratio to 58.6%. Its total assets and total liabilities are ¥22.8B and ¥11.3B respectively. Sanritsu's EBIT is ¥946.6M making its interest coverage ratio 23.4. It has cash and short-term investments of ¥3.3B.
Key information
58.6%
Debt to equity ratio
JP¥6.69b
Debt
| Interest coverage ratio | 23.4x |
| Cash | JP¥3.34b |
| Equity | JP¥11.42b |
| Total liabilities | JP¥11.35b |
| Total assets | JP¥22.77b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9366's short term assets (¥7.5B) exceed its short term liabilities (¥6.2B).
Long Term Liabilities: 9366's short term assets (¥7.5B) exceed its long term liabilities (¥5.2B).
Debt to Equity History and Analysis
Debt Level: 9366's net debt to equity ratio (29.4%) is considered satisfactory.
Reducing Debt: 9366's debt to equity ratio has reduced from 80.3% to 58.6% over the past 5 years.
Debt Coverage: 9366's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: 9366's interest payments on its debt are well covered by EBIT (23.4x coverage).