Seiko Group Balance Sheet Health
Financial Health criteria checks 4/6
Seiko Group has a total shareholder equity of ¥144.0B and total debt of ¥126.4B, which brings its debt-to-equity ratio to 87.7%. Its total assets and total liabilities are ¥373.0B and ¥228.9B respectively. Seiko Group's EBIT is ¥12.9B making its interest coverage ratio 349.5. It has cash and short-term investments of ¥36.7B.
Key information
87.7%
Debt to equity ratio
JP¥126.37b
Debt
| Interest coverage ratio | 349.5x |
| Cash | JP¥36.65b |
| Equity | JP¥144.05b |
| Total liabilities | JP¥228.93b |
| Total assets | JP¥372.98b |
Recent financial health updates
Recent updates
Returns On Capital At Seiko Group (TSE:8050) Have Hit The Brakes
May 02
Seiko 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 (¥181.2B) exceed its short term liabilities (¥169.0B).
Long Term Liabilities: 8050's short term assets (¥181.2B) exceed its long term liabilities (¥59.9B).
Debt to Equity History and Analysis
Debt Level: 8050's net debt to equity ratio (62.3%) is considered high.
Reducing Debt: 8050's debt to equity ratio has reduced from 97.3% to 87.7% over the past 5 years.
Debt Coverage: 8050's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: 8050's interest payments on its debt are well covered by EBIT (349.5x coverage).