Sankyo Seiko Balance Sheet Health
Financial Health criteria checks 5/6
Sankyo Seiko has a total shareholder equity of ¥46.7B and total debt of ¥5.0B, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are ¥64.5B and ¥17.9B respectively. Sankyo Seiko's EBIT is ¥2.3B making its interest coverage ratio -3. It has cash and short-term investments of ¥9.0B.
Key information
10.8%
Debt to equity ratio
JP¥5.02b
Debt
| Interest coverage ratio | -3x |
| Cash | JP¥8.97b |
| Equity | JP¥46.66b |
| Total liabilities | JP¥17.87b |
| Total assets | JP¥64.53b |
Financial Position Analysis
Short Term Liabilities: 8018's short term assets (¥16.6B) exceed its short term liabilities (¥7.6B).
Long Term Liabilities: 8018's short term assets (¥16.6B) exceed its long term liabilities (¥10.2B).
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 increased from 8% to 10.8% over the past 5 years.
Debt Coverage: 8018's debt is well covered by operating cash flow (31.8%).
Interest Coverage: 8018 earns more interest than it pays, so coverage of interest payments is not a concern.