Sanyo Special Steel Balance Sheet Health
Financial Health criteria checks 6/6
Sanyo Special Steel has a total shareholder equity of ¥228.6B and total debt of ¥80.6B, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are ¥398.7B and ¥170.1B respectively. Sanyo Special Steel's EBIT is ¥11.4B making its interest coverage ratio 7.9. It has cash and short-term investments of ¥26.6B.
Key information
35.3%
Debt to equity ratio
JP¥80.60b
Debt
Interest coverage ratio | 7.9x |
Cash | JP¥26.59b |
Equity | JP¥228.60b |
Total liabilities | JP¥170.11b |
Total assets | JP¥398.71b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 5481's short term assets (¥228.4B) exceed its short term liabilities (¥136.7B).
Long Term Liabilities: 5481's short term assets (¥228.4B) exceed its long term liabilities (¥33.4B).
Debt to Equity History and Analysis
Debt Level: 5481's net debt to equity ratio (23.6%) is considered satisfactory.
Reducing Debt: 5481's debt to equity ratio has reduced from 45.6% to 35.3% over the past 5 years.
Debt Coverage: 5481's debt is well covered by operating cash flow (42%).
Interest Coverage: 5481's interest payments on its debt are well covered by EBIT (7.9x coverage).