SaftecLtd Balance Sheet Health
Financial Health criteria checks 6/6
SaftecLtd has a total shareholder equity of ¥7.0B and total debt of ¥2.6B, which brings its debt-to-equity ratio to 37.9%. Its total assets and total liabilities are ¥12.5B and ¥5.5B respectively. SaftecLtd's EBIT is ¥556.0M making its interest coverage ratio 29.3. It has cash and short-term investments of ¥4.0B.
Key information
37.9%
Debt to equity ratio
JP¥2.64b
Debt
| Interest coverage ratio | 29.3x |
| Cash | JP¥3.99b |
| Equity | JP¥6.96b |
| Total liabilities | JP¥5.50b |
| Total assets | JP¥12.46b |
Recent financial health updates
SaftecLtd (TYO:7464) Has A Rock Solid Balance Sheet
Mar 24
SaftecLtd (TYO:7464) Could Easily Take On More Debt
Dec 22Recent updates
Is Saftec Co.,Ltd. (TYO:7464) An Attractive Dividend Stock?
Apr 29SaftecLtd (TYO:7464) Has A Rock Solid Balance Sheet
Mar 24Should You Be Adding SaftecLtd (TYO:7464) To Your Watchlist Today?
Mar 03Will SaftecLtd's (TYO:7464) Growth In ROCE Persist?
Feb 08
Is Saftec Co.,Ltd. (TYO:7464) A Smart Choice For Dividend Investors?
Jan 13SaftecLtd (TYO:7464) Could Easily Take On More Debt
Dec 22If You Like EPS Growth Then Check Out SaftecLtd (TYO:7464) Before It's Too Late
Dec 01Financial Position Analysis
Short Term Liabilities: 7464's short term assets (¥8.2B) exceed its short term liabilities (¥4.1B).
Long Term Liabilities: 7464's short term assets (¥8.2B) exceed its long term liabilities (¥1.4B).
Debt to Equity History and Analysis
Debt Level: 7464 has more cash than its total debt.
Reducing Debt: 7464's debt to equity ratio has reduced from 67.1% to 37.9% over the past 5 years.
Debt Coverage: 7464's debt is well covered by operating cash flow (29.8%).
Interest Coverage: 7464's interest payments on its debt are well covered by EBIT (29.3x coverage).