Sanyo Shokai Balance Sheet Health
Financial Health criteria checks 6/6
Sanyo Shokai has a total shareholder equity of ¥42.2B and total debt of ¥7.0B, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are ¥60.8B and ¥18.6B respectively. Sanyo Shokai's EBIT is ¥2.8B making its interest coverage ratio -22.6. It has cash and short-term investments of ¥23.3B.
Key information
16.6%
Debt to equity ratio
JP¥7.00b
Debt
Interest coverage ratio | -22.6x |
Cash | JP¥23.34b |
Equity | JP¥42.19b |
Total liabilities | JP¥18.62b |
Total assets | JP¥60.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8011's short term assets (¥36.5B) exceed its short term liabilities (¥10.4B).
Long Term Liabilities: 8011's short term assets (¥36.5B) exceed its long term liabilities (¥8.2B).
Debt to Equity History and Analysis
Debt Level: 8011 has more cash than its total debt.
Reducing Debt: 8011's debt to equity ratio has reduced from 19.7% to 16.6% over the past 5 years.
Debt Coverage: 8011's debt is well covered by operating cash flow (63.1%).
Interest Coverage: 8011 earns more interest than it pays, so coverage of interest payments is not a concern.