Seiko Group Balance Sheet Health
Financial Health criteria checks 5/6
Seiko Group has a total shareholder equity of ¥151.3B and total debt of ¥117.8B, which brings its debt-to-equity ratio to 77.8%. Its total assets and total liabilities are ¥376.3B and ¥224.9B respectively. Seiko Group's EBIT is ¥14.7B making its interest coverage ratio -4913. It has cash and short-term investments of ¥32.7B.
Key information
77.8%
Debt to equity ratio
JP¥117.75b
Debt
Interest coverage ratio | -4913x |
Cash | JP¥32.68b |
Equity | JP¥151.33b |
Total liabilities | JP¥224.93b |
Total assets | JP¥376.26b |
Recent financial health updates
Recent updates
The 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 (¥174.7B) exceed its short term liabilities (¥165.5B).
Long Term Liabilities: 8050's short term assets (¥174.7B) exceed its long term liabilities (¥59.5B).
Debt to Equity History and Analysis
Debt Level: 8050's net debt to equity ratio (56.2%) is considered high.
Reducing Debt: 8050's debt to equity ratio has reduced from 94.6% to 77.8% over the past 5 years.
Debt Coverage: 8050's debt is well covered by operating cash flow (27.8%).
Interest Coverage: 8050 earns more interest than it pays, so coverage of interest payments is not a concern.