Sato Foods Industries Balance Sheet Health
Financial Health criteria checks 6/6
Sato Foods Industries has a total shareholder equity of ¥19.7B and total debt of ¥670.0M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are ¥21.8B and ¥2.1B respectively. Sato Foods Industries's EBIT is ¥664.0M making its interest coverage ratio -6.2. It has cash and short-term investments of ¥9.9B.
Key information
3.4%
Debt to equity ratio
JP¥670.00m
Debt
| Interest coverage ratio | -6.2x |
| Cash | JP¥9.86b |
| Equity | JP¥19.74b |
| Total liabilities | JP¥2.11b |
| Total assets | JP¥21.85b |
Recent financial health updates
Recent updates
Sato Foods Industries' (TSE:2814) Solid Profits Have Weak Fundamentals
May 21
Should We Be Excited About The Trends Of Returns At Sato Foods Industries (TYO:2814)?
Mar 12Does Sato Foods Industries (TYO:2814) Have A Healthy Balance Sheet?
Feb 05
Sato Foods Industries (TYO:2814) Has Compensated Shareholders With A Respectable 98% Return On Their Investment
Jan 18I Ran A Stock Scan For Earnings Growth And Sato Foods Industries (TYO:2814) Passed With Ease
Dec 31Returns On Capital At Sato Foods Industries (TYO:2814) Paint An Interesting Picture
Dec 10Should You Rely On Sato Foods Industries's (TYO:2814) Earnings Growth?
Nov 23Financial Position Analysis
Short Term Liabilities: 2814's short term assets (¥12.9B) exceed its short term liabilities (¥1.9B).
Long Term Liabilities: 2814's short term assets (¥12.9B) exceed its long term liabilities (¥251.0M).
Debt to Equity History and Analysis
Debt Level: 2814 has more cash than its total debt.
Reducing Debt: 2814's debt to equity ratio has reduced from 4.2% to 3.4% over the past 5 years.
Debt Coverage: 2814's debt is well covered by operating cash flow (173.9%).
Interest Coverage: 2814 earns more interest than it pays, so coverage of interest payments is not a concern.