Soken Chemical & Engineering Balance Sheet Health
Financial Health criteria checks 5/6
Soken Chemical & Engineering has a total shareholder equity of ¥32.7B and total debt of ¥4.6B, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are ¥50.1B and ¥17.4B respectively. Soken Chemical & Engineering's EBIT is ¥3.7B making its interest coverage ratio 80.3. It has cash and short-term investments of ¥12.0B.
Key information
14.0%
Debt to equity ratio
JP¥4.58b
Debt
| Interest coverage ratio | 80.3x |
| Cash | JP¥11.96b |
| Equity | JP¥32.73b |
| Total liabilities | JP¥17.41b |
| Total assets | JP¥50.14b |
Recent financial health updates
These 4 Measures Indicate That Soken Chemical & Engineering (TYO:4972) Is Using Debt Safely
Mar 11
We Think Soken Chemical & Engineering (TYO:4972) Can Manage Its Debt With Ease
Dec 10Recent updates
Soken Chemical & Engineering (TYO:4972) Is Doing The Right Things To Multiply Its Share Price
May 02These 4 Measures Indicate That Soken Chemical & Engineering (TYO:4972) Is Using Debt Safely
Mar 11Should You Think About Buying Soken Chemical & Engineering Co., Ltd. (TYO:4972) Now?
Feb 21Why Dividend Hunters Love Soken Chemical & Engineering Co., Ltd. (TYO:4972)
Feb 02
What Do The Returns At Soken Chemical & Engineering (TYO:4972) Mean Going Forward?
Jan 15Did You Participate In Any Of Soken Chemical & Engineering's (TYO:4972) Fantastic 117% Return ?
Dec 28We Think Soken Chemical & Engineering (TYO:4972) Can Manage Its Debt With Ease
Dec 10Is Soken Chemical & Engineering Co., Ltd. (TYO:4972) Potentially Undervalued?
Nov 22Financial Position Analysis
Short Term Liabilities: 4972's short term assets (¥29.4B) exceed its short term liabilities (¥14.0B).
Long Term Liabilities: 4972's short term assets (¥29.4B) exceed its long term liabilities (¥3.4B).
Debt to Equity History and Analysis
Debt Level: 4972 has more cash than its total debt.
Reducing Debt: 4972's debt to equity ratio has increased from 13.2% to 14% over the past 5 years.
Debt Coverage: 4972's debt is well covered by operating cash flow (107.7%).
Interest Coverage: 4972's interest payments on its debt are well covered by EBIT (80.3x coverage).