Sagami Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Sagami Holdings has a total shareholder equity of ¥16.9B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are ¥24.8B and ¥7.9B respectively. Sagami Holdings's EBIT is ¥1.4B making its interest coverage ratio -65.5. It has cash and short-term investments of ¥9.9B.
Key information
18.4%
Debt to equity ratio
JP¥3.11b
Debt
Interest coverage ratio | -65.5x |
Cash | JP¥9.92b |
Equity | JP¥16.88b |
Total liabilities | JP¥7.89b |
Total assets | JP¥24.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9900's short term assets (¥12.1B) exceed its short term liabilities (¥4.9B).
Long Term Liabilities: 9900's short term assets (¥12.1B) exceed its long term liabilities (¥3.0B).
Debt to Equity History and Analysis
Debt Level: 9900 has more cash than its total debt.
Reducing Debt: 9900's debt to equity ratio has increased from 10.4% to 18.4% over the past 5 years.
Debt Coverage: 9900's debt is well covered by operating cash flow (63.6%).
Interest Coverage: 9900 earns more interest than it pays, so coverage of interest payments is not a concern.