Sanyo Shokai Balance Sheet Health
Financial Health criteria checks 6/6
Sanyo Shokai has a total shareholder equity of ¥40.3B and total debt of ¥7.0B, which brings its debt-to-equity ratio to 17.4%. Its total assets and total liabilities are ¥57.9B and ¥17.6B respectively. Sanyo Shokai's EBIT is ¥2.9B making its interest coverage ratio -21.7. It has cash and short-term investments of ¥23.0B.
Key information
17.4%
Debt to equity ratio
JP¥7.00b
Debt
| Interest coverage ratio | -21.7x |
| Cash | JP¥23.00b |
| Equity | JP¥40.34b |
| Total liabilities | JP¥17.59b |
| Total assets | JP¥57.92b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8011's short term assets (¥36.2B) exceed its short term liabilities (¥9.9B).
Long Term Liabilities: 8011's short term assets (¥36.2B) exceed its long term liabilities (¥7.6B).
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 20.2% to 17.4% over the past 5 years.
Debt Coverage: 8011's debt is well covered by operating cash flow (64.8%).
Interest Coverage: 8011 earns more interest than it pays, so coverage of interest payments is not a concern.