Sanritsu Balance Sheet Health
Financial Health criteria checks 5/6
Sanritsu has a total shareholder equity of ¥10.8B and total debt of ¥6.0B, which brings its debt-to-equity ratio to 55.4%. Its total assets and total liabilities are ¥21.4B and ¥10.6B respectively. Sanritsu's EBIT is ¥866.0M making its interest coverage ratio 21.1. It has cash and short-term investments of ¥2.2B.
Key information
55.4%
Debt to equity ratio
JP¥5.97b
Debt
Interest coverage ratio | 21.1x |
Cash | JP¥2.22b |
Equity | JP¥10.78b |
Total liabilities | JP¥10.58b |
Total assets | JP¥21.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9366's short term assets (¥6.4B) exceed its short term liabilities (¥5.7B).
Long Term Liabilities: 9366's short term assets (¥6.4B) exceed its long term liabilities (¥4.8B).
Debt to Equity History and Analysis
Debt Level: 9366's net debt to equity ratio (34.8%) is considered satisfactory.
Reducing Debt: 9366's debt to equity ratio has reduced from 72.9% to 55.4% over the past 5 years.
Debt Coverage: 9366's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: 9366's interest payments on its debt are well covered by EBIT (21.1x coverage).