Sakata Seed Balance Sheet Health
Financial Health criteria checks 6/6
Sakata Seed has a total shareholder equity of ¥147.2B and total debt of ¥4.3B, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are ¥179.1B and ¥31.9B respectively. Sakata Seed's EBIT is ¥10.7B making its interest coverage ratio -9.5. It has cash and short-term investments of ¥28.5B.
Key information
2.9%
Debt to equity ratio
JP¥4.31b
Debt
| Interest coverage ratio | -9.5x |
| Cash | JP¥28.49b |
| Equity | JP¥147.16b |
| Total liabilities | JP¥31.91b |
| Total assets | JP¥179.07b |
Financial Position Analysis
Short Term Liabilities: 1377's short term assets (¥105.3B) exceed its short term liabilities (¥21.4B).
Long Term Liabilities: 1377's short term assets (¥105.3B) exceed its long term liabilities (¥10.5B).
Debt to Equity History and Analysis
Debt Level: 1377 has more cash than its total debt.
Reducing Debt: 1377's debt to equity ratio has reduced from 5.4% to 2.9% over the past 5 years.
Debt Coverage: 1377's debt is well covered by operating cash flow (181.6%).
Interest Coverage: 1377 earns more interest than it pays, so coverage of interest payments is not a concern.