Seiko Group Balance Sheet Health
Financial Health criteria checks 5/6
Seiko Group has a total shareholder equity of ¥157.3B and total debt of ¥117.5B, which brings its debt-to-equity ratio to 74.7%. Its total assets and total liabilities are ¥374.2B and ¥217.0B respectively. Seiko Group's EBIT is ¥19.9B making its interest coverage ratio 193.5. It has cash and short-term investments of ¥33.5B.
Key information
74.7%
Debt to equity ratio
JP¥117.52b
Debt
| Interest coverage ratio | 193.5x |
| Cash | JP¥33.53b |
| Equity | JP¥157.25b |
| Total liabilities | JP¥216.99b |
| Total assets | JP¥374.24b |
Recent financial health updates
Does Seiko Group (TSE:8050) Have A Healthy Balance Sheet?
Jul 25
Seiko Group (TSE:8050) Takes On Some Risk With Its Use Of Debt
Apr 12Recent updates
Seiko Group Corporation (TSE:8050) Shares Could Be 21% Below Their Intrinsic Value Estimate
Oct 07Returns At Seiko Group (TSE:8050) Are On The Way Up
Sep 20Seiko Group's (TSE:8050) Dividend Will Be Increased To ¥45.00
Sep 05Seiko Group (TSE:8050) Will Pay A Larger Dividend Than Last Year At ¥45.00
Aug 16It's Down 35% But Seiko Group Corporation (TSE:8050) Could Be Riskier Than It Looks
Aug 05Seiko Group (TSE:8050) Has Announced That It Will Be Increasing Its Dividend To ¥45.00
Jul 26Does Seiko Group (TSE:8050) Have A Healthy Balance Sheet?
Jul 25Seiko Group (TSE:8050) Is Increasing Its Dividend To ¥45.00
Jul 11Estimating The Intrinsic Value Of Seiko Group Corporation (TSE:8050)
Jun 13The Price Is Right For Seiko Group Corporation (TSE:8050)
May 28Returns On Capital At Seiko Group (TSE:8050) Have Hit The Brakes
May 02Seiko Group (TSE:8050) Takes On Some Risk With Its Use Of Debt
Apr 12Calculating The Fair Value Of Seiko Group Corporation (TSE:8050)
Mar 13Market Participants Recognise Seiko Group Corporation's (TSE:8050) Earnings Pushing Shares 28% Higher
Feb 26Financial Position Analysis
Short Term Liabilities: 8050's short term assets (¥172.1B) exceed its short term liabilities (¥151.1B).
Long Term Liabilities: 8050's short term assets (¥172.1B) exceed its long term liabilities (¥65.9B).
Debt to Equity History and Analysis
Debt Level: 8050's net debt to equity ratio (53.4%) is considered high.
Reducing Debt: 8050's debt to equity ratio has reduced from 93% to 74.7% over the past 5 years.
Debt Coverage: 8050's debt is well covered by operating cash flow (22.5%).
Interest Coverage: 8050's interest payments on its debt are well covered by EBIT (193.5x coverage).