Sanritsu Balance Sheet Health
Financial Health criteria checks 5/6
Sanritsu has a total shareholder equity of ¥10.9B and total debt of ¥6.1B, which brings its debt-to-equity ratio to 55.6%. Its total assets and total liabilities are ¥21.7B and ¥10.8B respectively. Sanritsu's EBIT is ¥859.0M making its interest coverage ratio 20.5. It has cash and short-term investments of ¥2.6B.
Key information
55.6%
Debt to equity ratio
JP¥6.08b
Debt
| Interest coverage ratio | 20.5x |
| Cash | JP¥2.62b |
| Equity | JP¥10.93b |
| Total liabilities | JP¥10.77b |
| Total assets | JP¥21.70b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9366's short term assets (¥6.6B) exceed its short term liabilities (¥5.8B).
Long Term Liabilities: 9366's short term assets (¥6.6B) exceed its long term liabilities (¥5.0B).
Debt to Equity History and Analysis
Debt Level: 9366's net debt to equity ratio (31.6%) is considered satisfactory.
Reducing Debt: 9366's debt to equity ratio has reduced from 78.4% to 55.6% over the past 5 years.
Debt Coverage: 9366's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: 9366's interest payments on its debt are well covered by EBIT (20.5x coverage).