Yakiniku Sakai Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Yakiniku Sakai Holdings has a total shareholder equity of ¥7.4B and total debt of ¥5.0B, which brings its debt-to-equity ratio to 67.7%. Its total assets and total liabilities are ¥16.2B and ¥8.8B respectively. Yakiniku Sakai Holdings's EBIT is ¥477.0M making its interest coverage ratio 13.6. It has cash and short-term investments of ¥3.1B.
Key information
67.7%
Debt to equity ratio
JP¥5.01b
Debt
Interest coverage ratio | 13.6x |
Cash | JP¥3.10b |
Equity | JP¥7.41b |
Total liabilities | JP¥8.76b |
Total assets | JP¥16.16b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2694's short term assets (¥6.0B) exceed its short term liabilities (¥4.4B).
Long Term Liabilities: 2694's short term assets (¥6.0B) exceed its long term liabilities (¥4.4B).
Debt to Equity History and Analysis
Debt Level: 2694's net debt to equity ratio (25.8%) is considered satisfactory.
Reducing Debt: 2694's debt to equity ratio has reduced from 101% to 67.7% over the past 5 years.
Debt Coverage: 2694's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: 2694's interest payments on its debt are well covered by EBIT (13.6x coverage).