Sankyo Seiko Balance Sheet Health
Financial Health criteria checks 6/6
Sankyo Seiko has a total shareholder equity of ¥43.5B and total debt of ¥2.9B, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are ¥58.1B and ¥14.7B respectively. Sankyo Seiko's EBIT is ¥2.5B making its interest coverage ratio -3.6. It has cash and short-term investments of ¥12.5B.
Key information
6.7%
Debt to equity ratio
JP¥2.90b
Debt
Interest coverage ratio | -3.6x |
Cash | JP¥12.51b |
Equity | JP¥43.45b |
Total liabilities | JP¥14.69b |
Total assets | JP¥58.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8018's short term assets (¥18.6B) exceed its short term liabilities (¥7.1B).
Long Term Liabilities: 8018's short term assets (¥18.6B) exceed its long term liabilities (¥7.6B).
Debt to Equity History and Analysis
Debt Level: 8018 has more cash than its total debt.
Reducing Debt: 8018's debt to equity ratio has reduced from 8.1% to 6.7% over the past 5 years.
Debt Coverage: 8018's debt is well covered by operating cash flow (121.6%).
Interest Coverage: 8018 earns more interest than it pays, so coverage of interest payments is not a concern.