Sankyo Seiko Balance Sheet Health
Financial Health criteria checks 5/6
Sankyo Seiko has a total shareholder equity of ¥49.7B and total debt of ¥5.1B, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are ¥68.2B and ¥18.5B respectively. Sankyo Seiko's EBIT is ¥2.3B making its interest coverage ratio -2.9. It has cash and short-term investments of ¥10.4B.
Key information
10.3%
Debt to equity ratio
JP¥5.09b
Debt
| Interest coverage ratio | -2.9x |
| Cash | JP¥10.38b |
| Equity | JP¥49.68b |
| Total liabilities | JP¥18.55b |
| Total assets | JP¥68.23b |
Financial Position Analysis
Short Term Liabilities: 8018's short term assets (¥17.1B) exceed its short term liabilities (¥7.3B).
Long Term Liabilities: 8018's short term assets (¥17.1B) exceed its long term liabilities (¥11.3B).
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 8.2% to 10.3% over the past 5 years.
Debt Coverage: 8018's debt is well covered by operating cash flow (62.8%).
Interest Coverage: 8018 earns more interest than it pays, so coverage of interest payments is not a concern.