Satoh Balance Sheet Health
Financial Health criteria checks 6/6
Satoh has a total shareholder equity of ¥25.1B and total debt of ¥683.0M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are ¥38.4B and ¥13.3B respectively. Satoh's EBIT is ¥1.4B making its interest coverage ratio -13.9. It has cash and short-term investments of ¥13.3B.
Key information
2.7%
Debt to equity ratio
JP¥683.00m
Debt
Interest coverage ratio | -13.9x |
Cash | JP¥13.33b |
Equity | JP¥25.07b |
Total liabilities | JP¥13.33b |
Total assets | JP¥38.39b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9996's short term assets (¥23.1B) exceed its short term liabilities (¥12.9B).
Long Term Liabilities: 9996's short term assets (¥23.1B) exceed its long term liabilities (¥419.0M).
Debt to Equity History and Analysis
Debt Level: 9996 has more cash than its total debt.
Reducing Debt: 9996's debt to equity ratio has reduced from 3.1% to 2.7% over the past 5 years.
Debt Coverage: 9996's debt is well covered by operating cash flow (529.6%).
Interest Coverage: 9996 earns more interest than it pays, so coverage of interest payments is not a concern.