Sanrin Balance Sheet Health
Financial Health criteria checks 6/6
Sanrin has a total shareholder equity of ¥19.4B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are ¥27.9B and ¥8.5B respectively. Sanrin's EBIT is ¥697.0M making its interest coverage ratio -8.4. It has cash and short-term investments of ¥5.9B.
Key information
15.7%
Debt to equity ratio
JP¥3.06b
Debt
Interest coverage ratio | -8.4x |
Cash | JP¥5.94b |
Equity | JP¥19.42b |
Total liabilities | JP¥8.49b |
Total assets | JP¥27.91b |
Recent financial health updates
Sanrin (TYO:7486) Seems To Use Debt Rather Sparingly
Feb 18Sanrin (TYO:7486) Has A Pretty Healthy Balance Sheet
Nov 20Recent updates
Returns On Capital At Sanrin (TYO:7486) Have Hit The Brakes
Apr 29Is Sanrin Co., Ltd. (TYO:7486) A Smart Pick For Income Investors?
Apr 06The Sanrin (TYO:7486) Share Price Is Up 24% And Shareholders Are Holding On
Mar 17Sanrin (TYO:7486) Seems To Use Debt Rather Sparingly
Feb 18Is Sanrin (TYO:7486) Struggling?
Jan 27Could Sanrin Co., Ltd. (TYO:7486) Have The Makings Of Another Dividend Aristocrat?
Jan 06Investors Who Bought Sanrin (TYO:7486) Shares Five Years Ago Are Now Up 24%
Dec 16Sanrin (TYO:7486) Has A Pretty Healthy Balance Sheet
Nov 20Financial Position Analysis
Short Term Liabilities: 7486's short term assets (¥13.6B) exceed its short term liabilities (¥6.6B).
Long Term Liabilities: 7486's short term assets (¥13.6B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 7486 has more cash than its total debt.
Reducing Debt: 7486's debt to equity ratio has reduced from 19% to 15.7% over the past 5 years.
Debt Coverage: 7486's debt is well covered by operating cash flow (54.7%).
Interest Coverage: 7486 earns more interest than it pays, so coverage of interest payments is not a concern.