Satoh Balance Sheet Health
Financial Health criteria checks 6/6
Satoh has a total shareholder equity of ¥25.4B and total debt of ¥683.0M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are ¥37.1B and ¥11.7B respectively. Satoh's EBIT is ¥1.5B making its interest coverage ratio -12.2. 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 | -12.2x |
| Cash | JP¥13.34b |
| Equity | JP¥25.40b |
| Total liabilities | JP¥11.73b |
| Total assets | JP¥37.13b |
Recent financial health updates
No updates
Recent updates
Satoh (TSE:9996) Is Increasing Its Dividend To ¥22.00
Sep 19
Satoh's (TSE:9996) Upcoming Dividend Will Be Larger Than Last Year's
Jul 26Satoh (TSE:9996) Is Increasing Its Dividend To ¥22.00
Jul 11Satoh's (TSE:9996) Strong Earnings Are Of Good Quality
May 21Satoh (TSE:9996) Is Due To Pay A Dividend Of ¥20.00
Mar 26Is Satoh & Co., Ltd.'s (TYO:9996) Shareholder Ownership Skewed Towards Insiders?
Feb 22What Satoh's (TYO:9996) Returns On Capital Can Tell Us
Jan 05What To Know Before Buying Satoh & Co., Ltd. (TYO:9996) For Its Dividend
Nov 20
Financial Position Analysis
Short Term Liabilities: 9996's short term assets (¥21.5B) exceed its short term liabilities (¥11.4B).
Long Term Liabilities: 9996's short term assets (¥21.5B) exceed its long term liabilities (¥374.0M).
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% to 2.7% over the past 5 years.
Debt Coverage: 9996's debt is well covered by operating cash flow (516.7%).
Interest Coverage: 9996 earns more interest than it pays, so coverage of interest payments is not a concern.