Sankei Chemical Balance Sheet Health
Financial Health criteria checks 5/6
Sankei Chemical has a total shareholder equity of ¥3.2B and total debt of ¥2.3B, which brings its debt-to-equity ratio to 71.2%. Its total assets and total liabilities are ¥7.6B and ¥4.5B respectively. Sankei Chemical's EBIT is ¥14.0M making its interest coverage ratio 4.7. It has cash and short-term investments of ¥1.5B.
Key information
71.2%
Debt to equity ratio
JP¥2.26b
Debt
| Interest coverage ratio | 4.7x |
| Cash | JP¥1.46b |
| Equity | JP¥3.17b |
| Total liabilities | JP¥4.47b |
| Total assets | JP¥7.63b |
Recent financial health updates
Is Sankei Chemical (FKSE:4995) Using Too Much Debt?
Apr 26
Here's Why Sankei Chemical (FKSE:4995) Can Manage Its Debt Responsibly
Jan 24Recent updates
Is Sankei Chemical (FKSE:4995) Using Too Much Debt?
Apr 26What Makes Sankei Chemical Co., Ltd. (FKSE:4995) A Great Dividend Stock?
Mar 22Does Sankei Chemical (FKSE:4995) Have The Makings Of A Multi-Bagger?
Feb 21Here's Why Sankei Chemical (FKSE:4995) Can Manage Its Debt Responsibly
Jan 24Does Sankei Chemical Co., Ltd. (FKSE:4995) Have A Place In Your Dividend Portfolio?
Dec 19
Does Sankei Chemical (FKSE:4995) Have The Makings Of A Multi-Bagger?
Nov 22Financial Position Analysis
Short Term Liabilities: 4995's short term assets (¥5.3B) exceed its short term liabilities (¥2.3B).
Long Term Liabilities: 4995's short term assets (¥5.3B) exceed its long term liabilities (¥2.2B).
Debt to Equity History and Analysis
Debt Level: 4995's net debt to equity ratio (25.1%) is considered satisfactory.
Reducing Debt: 4995's debt to equity ratio has reduced from 81.5% to 71.2% over the past 5 years.
Debt Coverage: 4995's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4995's interest payments on its debt are well covered by EBIT (4.7x coverage).