Sugai Chemical Industry Balance Sheet Health
Financial Health criteria checks 6/6
Sugai Chemical Industry has a total shareholder equity of ¥7.1B and total debt of ¥1.7B, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are ¥11.2B and ¥4.1B respectively. Sugai Chemical Industry's EBIT is ¥925.0M making its interest coverage ratio -23.7. It has cash and short-term investments of ¥706.0M.
Key information
24.4%
Debt to equity ratio
JP¥1.74b
Debt
Interest coverage ratio | -23.7x |
Cash | JP¥706.00m |
Equity | JP¥7.12b |
Total liabilities | JP¥4.06b |
Total assets | JP¥11.18b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4120's short term assets (¥5.5B) exceed its short term liabilities (¥2.8B).
Long Term Liabilities: 4120's short term assets (¥5.5B) exceed its long term liabilities (¥1.3B).
Debt to Equity History and Analysis
Debt Level: 4120's net debt to equity ratio (14.5%) is considered satisfactory.
Reducing Debt: 4120's debt to equity ratio has reduced from 33.6% to 24.4% over the past 5 years.
Debt Coverage: 4120's debt is well covered by operating cash flow (67.1%).
Interest Coverage: 4120 earns more interest than it pays, so coverage of interest payments is not a concern.