Sangetsu Balance Sheet Health
Financial Health criteria checks 6/6
Sangetsu has a total shareholder equity of ¥106.7B and total debt of ¥5.7B, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are ¥170.8B and ¥64.0B respectively. Sangetsu's EBIT is ¥19.1B making its interest coverage ratio -434.2. It has cash and short-term investments of ¥25.4B.
Key information
5.4%
Debt to equity ratio
JP¥5.71b
Debt
Interest coverage ratio | -434.2x |
Cash | JP¥25.40b |
Equity | JP¥106.71b |
Total liabilities | JP¥64.04b |
Total assets | JP¥170.75b |
Financial Position Analysis
Short Term Liabilities: 8130's short term assets (¥107.5B) exceed its short term liabilities (¥53.3B).
Long Term Liabilities: 8130's short term assets (¥107.5B) exceed its long term liabilities (¥10.8B).
Debt to Equity History and Analysis
Debt Level: 8130 has more cash than its total debt.
Reducing Debt: 8130's debt to equity ratio has reduced from 20.7% to 5.4% over the past 5 years.
Debt Coverage: 8130's debt is well covered by operating cash flow (264.2%).
Interest Coverage: 8130 earns more interest than it pays, so coverage of interest payments is not a concern.