Sangetsu Balance Sheet Health
Financial Health criteria checks 6/6
Sangetsu has a total shareholder equity of ¥109.2B and total debt of ¥7.6B, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are ¥172.5B and ¥63.3B respectively. Sangetsu's EBIT is ¥16.2B making its interest coverage ratio -210.8. It has cash and short-term investments of ¥29.1B.
Key information
7.0%
Debt to equity ratio
JP¥7.64b
Debt
| Interest coverage ratio | -210.8x |
| Cash | JP¥29.06b |
| Equity | JP¥109.22b |
| Total liabilities | JP¥63.28b |
| Total assets | JP¥172.50b |
Recent financial health updates
No updates
Recent updates
Sangetsu (TSE:8130) Has Announced A Dividend Of ¥75.00
Aug 23
Sangetsu's (TSE:8130) Dividend Will Be ¥75.00
Aug 09Sangetsu (TSE:8130) Has Announced A Dividend Of ¥75.00
Jul 25Sangetsu's (TSE:8130) Dividend Will Be ¥75.00
Jul 11Investor Optimism Abounds Sangetsu Corporation (TSE:8130) But Growth Is Lacking
Apr 17We Like These Underlying Return On Capital Trends At Sangetsu (TSE:8130)
Mar 22Sangetsu's (TSE:8130) Dividend Will Be Increased To ¥75.00
Mar 04Financial Position Analysis
Short Term Liabilities: 8130's short term assets (¥107.6B) exceed its short term liabilities (¥50.6B).
Long Term Liabilities: 8130's short term assets (¥107.6B) exceed its long term liabilities (¥12.6B).
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 20.1% to 7% over the past 5 years.
Debt Coverage: 8130's debt is well covered by operating cash flow (167.8%).
Interest Coverage: 8130 earns more interest than it pays, so coverage of interest payments is not a concern.