Sugai Chemical Industry Balance Sheet Health
Financial Health criteria checks 6/6
Sugai Chemical Industry has a total shareholder equity of ¥7.2B and total debt of ¥975.0M, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are ¥10.5B and ¥3.3B respectively. Sugai Chemical Industry's EBIT is ¥377.0M making its interest coverage ratio -8.6. It has cash and short-term investments of ¥699.0M.
Key information
13.6%
Debt to equity ratio
JP¥975.00m
Debt
| Interest coverage ratio | -8.6x |
| Cash | JP¥699.00m |
| Equity | JP¥7.19b |
| Total liabilities | JP¥3.26b |
| Total assets | JP¥10.45b |
Recent financial health updates
Does Sugai Chemical Industry (TSE:4120) Have A Healthy Balance Sheet?
Aug 06
Sugai Chemical Industry (TSE:4120) Has A Pretty Healthy Balance Sheet
Mar 06Recent updates
Some May Be Optimistic About Sugai Chemical Industry's (TSE:4120) Earnings
Nov 19Does Sugai Chemical Industry (TSE:4120) Have A Healthy Balance Sheet?
Aug 06Some May Be Optimistic About Sugai Chemical Industry's (TSE:4120) Earnings
May 21Sugai Chemical Industry (TSE:4120) Has A Pretty Healthy Balance Sheet
Mar 06Financial Position Analysis
Short Term Liabilities: 4120's short term assets (¥4.5B) exceed its short term liabilities (¥2.3B).
Long Term Liabilities: 4120's short term assets (¥4.5B) exceed its long term liabilities (¥1.0B).
Debt to Equity History and Analysis
Debt Level: 4120's net debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: 4120's debt to equity ratio has reduced from 32.4% to 13.6% over the past 5 years.
Debt Coverage: 4120's debt is well covered by operating cash flow (138.4%).
Interest Coverage: 4120 earns more interest than it pays, so coverage of interest payments is not a concern.