Sakai Chemical Industry Balance Sheet Health
Financial Health criteria checks 4/6
Sakai Chemical Industry has a total shareholder equity of ¥74.7B and total debt of ¥26.0B, which brings its debt-to-equity ratio to 34.8%. Its total assets and total liabilities are ¥123.7B and ¥48.9B respectively. Sakai Chemical Industry's EBIT is ¥1.9B making its interest coverage ratio -37.9. It has cash and short-term investments of ¥13.6B.
Key information
34.8%
Debt to equity ratio
JP¥25.98b
Debt
Interest coverage ratio | -37.9x |
Cash | JP¥13.57b |
Equity | JP¥74.72b |
Total liabilities | JP¥48.94b |
Total assets | JP¥123.67b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4078's short term assets (¥75.1B) exceed its short term liabilities (¥29.9B).
Long Term Liabilities: 4078's short term assets (¥75.1B) exceed its long term liabilities (¥19.0B).
Debt to Equity History and Analysis
Debt Level: 4078's net debt to equity ratio (16.6%) is considered satisfactory.
Reducing Debt: 4078's debt to equity ratio has increased from 23.8% to 34.8% over the past 5 years.
Debt Coverage: 4078's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: 4078 earns more interest than it pays, so coverage of interest payments is not a concern.