SeigakushaLtd Balance Sheet Health
Financial Health criteria checks 6/6
SeigakushaLtd has a total shareholder equity of ¥3.5B and total debt of ¥2.3B, which brings its debt-to-equity ratio to 66.5%. Its total assets and total liabilities are ¥8.9B and ¥5.4B respectively. SeigakushaLtd's EBIT is ¥703.0M making its interest coverage ratio 35.2. It has cash and short-term investments of ¥2.0B.
Key information
66.5%
Debt to equity ratio
JP¥2.31b
Debt
Interest coverage ratio | 35.2x |
Cash | JP¥2.00b |
Equity | JP¥3.48b |
Total liabilities | JP¥5.39b |
Total assets | JP¥8.86b |
Recent financial health updates
Is Seigakusya (TYO:2179) Using Too Much Debt?
Apr 01These 4 Measures Indicate That Seigakusya (TYO:2179) Is Using Debt Extensively
Nov 29Recent updates
Is 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 (¥3.5B) exceed its short term liabilities (¥3.4B).
Long Term Liabilities: 2179's short term assets (¥3.5B) exceed its long term liabilities (¥2.0B).
Debt to Equity History and Analysis
Debt Level: 2179's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: 2179's debt to equity ratio has reduced from 119% to 66.5% over the past 5 years.
Debt Coverage: 2179's debt is well covered by operating cash flow (44.9%).
Interest Coverage: 2179's interest payments on its debt are well covered by EBIT (35.2x coverage).