Seiko Group Balance Sheet Health
Financial Health criteria checks 5/6
Seiko Group has a total shareholder equity of ¥156.7B and total debt of ¥121.6B, which brings its debt-to-equity ratio to 77.6%. Its total assets and total liabilities are ¥385.8B and ¥229.1B respectively. Seiko Group's EBIT is ¥17.0B making its interest coverage ratio 340.4. It has cash and short-term investments of ¥35.7B.
Key information
77.6%
Debt to equity ratio
JP¥121.60b
Debt
| Interest coverage ratio | 340.4x |
| Cash | JP¥35.74b |
| Equity | JP¥156.68b |
| Total liabilities | JP¥229.14b |
| Total assets | JP¥385.82b |
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 (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 (¥181.7B) exceed its short term liabilities (¥172.5B).
Long Term Liabilities: 8050's short term assets (¥181.7B) exceed its long term liabilities (¥56.7B).
Debt to Equity History and Analysis
Debt Level: 8050's net debt to equity ratio (54.8%) is considered high.
Reducing Debt: 8050's debt to equity ratio has reduced from 95.7% to 77.6% over the past 5 years.
Debt Coverage: 8050's debt is well covered by operating cash flow (26.9%).
Interest Coverage: 8050's interest payments on its debt are well covered by EBIT (340.4x coverage).