Sysmex Balance Sheet Health
Financial Health criteria checks 5/6
Sysmex has a total shareholder equity of ¥432.9B and total debt of ¥28.6B, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are ¥618.9B and ¥186.0B respectively. Sysmex's EBIT is ¥80.6B making its interest coverage ratio 55.6. It has cash and short-term investments of ¥76.8B.
Key information
6.6%
Debt to equity ratio
JP¥28.60b
Debt
Interest coverage ratio | 55.6x |
Cash | JP¥76.82b |
Equity | JP¥432.90b |
Total liabilities | JP¥186.02b |
Total assets | JP¥618.92b |
Recent financial health updates
Recent updates
Sysmex Corporation's (TSE:6869) Business Is Yet to Catch Up With Its Share Price
Jun 12Results: Sysmex Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates
May 12These 4 Measures Indicate That Sysmex (TSE:6869) Is Using Debt Reasonably Well
Apr 27Sysmex Corporation's (TSE:6869) P/E Is On The Mark
Feb 28Financial Position Analysis
Short Term Liabilities: 6869's short term assets (¥343.5B) exceed its short term liabilities (¥118.1B).
Long Term Liabilities: 6869's short term assets (¥343.5B) exceed its long term liabilities (¥67.9B).
Debt to Equity History and Analysis
Debt Level: 6869 has more cash than its total debt.
Reducing Debt: 6869's debt to equity ratio has increased from 0% to 6.6% over the past 5 years.
Debt Coverage: 6869's debt is well covered by operating cash flow (223.4%).
Interest Coverage: 6869's interest payments on its debt are well covered by EBIT (55.6x coverage).