SunwelsLtd Balance Sheet Health
Financial Health criteria checks 2/6
SunwelsLtd has a total shareholder equity of ¥7.1B and total debt of ¥6.5B, which brings its debt-to-equity ratio to 91.2%. Its total assets and total liabilities are ¥31.5B and ¥24.4B respectively. SunwelsLtd's EBIT is ¥3.5B making its interest coverage ratio 5.5. It has cash and short-term investments of ¥3.3B.
Key information
91.2%
Debt to equity ratio
JP¥6.51b
Debt
Interest coverage ratio | 5.5x |
Cash | JP¥3.31b |
Equity | JP¥7.14b |
Total liabilities | JP¥24.38b |
Total assets | JP¥31.52b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9229's short term assets (¥7.5B) do not cover its short term liabilities (¥7.7B).
Long Term Liabilities: 9229's short term assets (¥7.5B) do not cover its long term liabilities (¥16.6B).
Debt to Equity History and Analysis
Debt Level: 9229's net debt to equity ratio (44.9%) is considered high.
Reducing Debt: Insufficient data to determine if 9229's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9229's debt is well covered by operating cash flow (39.3%).
Interest Coverage: 9229's interest payments on its debt are well covered by EBIT (5.5x coverage).