SeigakushaLtd Balance Sheet Health
Financial Health criteria checks 6/6
SeigakushaLtd has a total shareholder equity of ¥3.5B and total debt of ¥2.7B, which brings its debt-to-equity ratio to 77.5%. Its total assets and total liabilities are ¥9.0B and ¥5.5B respectively. SeigakushaLtd's EBIT is ¥722.0M making its interest coverage ratio 34.4. It has cash and short-term investments of ¥2.2B.
Key information
77.5%
Debt to equity ratio
JP¥2.72b
Debt
| Interest coverage ratio | 34.4x |
| Cash | JP¥2.16b |
| Equity | JP¥3.51b |
| Total liabilities | JP¥5.46b |
| Total assets | JP¥8.97b |
Recent financial health updates
Is Seigakusya (TYO:2179) Using Too Much Debt?
Apr 01
These 4 Measures Indicate That Seigakusya (TYO:2179) Is Using Debt Extensively
Nov 29
Recent updates
Returns Are Gaining Momentum At SeigakushaLtd (TSE:2179)
Aug 05Is Seigakusya (TYO:2179) Using Too Much Debt?
Apr 01Looking For Steady Income For Your Dividend Portfolio? Is Seigakusya Co., Ltd. (TYO:2179) A Good Fit?
Feb 07The Returns At Seigakusya (TYO:2179) Provide Us With Signs Of What's To Come
Jan 03These 4 Measures Indicate That Seigakusya (TYO:2179) Is Using Debt Extensively
Nov 29Financial Position Analysis
Short Term Liabilities: 2179's short term assets (¥3.4B) exceed its short term liabilities (¥3.0B).
Long Term Liabilities: 2179's short term assets (¥3.4B) exceed its long term liabilities (¥2.5B).
Debt to Equity History and Analysis
Debt Level: 2179's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: 2179's debt to equity ratio has reduced from 139.2% to 77.5% over the past 5 years.
Debt Coverage: 2179's debt is well covered by operating cash flow (35.8%).
Interest Coverage: 2179's interest payments on its debt are well covered by EBIT (34.4x coverage).