Sanyei Balance Sheet Health
Financial Health criteria checks 6/6
Sanyei has a total shareholder equity of ¥12.8B and total debt of ¥3.7B, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are ¥21.8B and ¥9.0B respectively. Sanyei's EBIT is ¥2.0B making its interest coverage ratio -31.3. It has cash and short-term investments of ¥7.3B.
Key information
28.9%
Debt to equity ratio
JP¥3.70b
Debt
| Interest coverage ratio | -31.3x |
| Cash | JP¥7.32b |
| Equity | JP¥12.79b |
| Total liabilities | JP¥8.97b |
| Total assets | JP¥21.76b |
Recent financial health updates
Recent updates
Sanyei Corporation (TSE:8119) Stock Catapults 25% Though Its Price And Business Still Lag The Market
Aug 28
Sanyei Corporation's (TSE:8119) Business Is Trailing The Industry But Its Shares Aren't
Jul 03Sanyei (TSE:8119) Is Posting Promising Earnings But The Good News Doesn’t Stop There
May 22Investors Interested In Sanyei Corporation's (TSE:8119) Revenues
Feb 28Sanyei Corporation (TYO:8119) Investors Should Think About This Before Buying It For Its Dividend
Apr 01Sanyei (TYO:8119) Is Carrying A Fair Bit Of Debt
Feb 07Looking For Steady Income For Your Dividend Portfolio? Is Sanyei Corporation (TYO:8119) A Good Fit?
Dec 16Financial Position Analysis
Short Term Liabilities: 8119's short term assets (¥16.3B) exceed its short term liabilities (¥7.5B).
Long Term Liabilities: 8119's short term assets (¥16.3B) exceed its long term liabilities (¥1.4B).
Debt to Equity History and Analysis
Debt Level: 8119 has more cash than its total debt.
Reducing Debt: 8119's debt to equity ratio has reduced from 36.8% to 28.9% over the past 5 years.
Debt Coverage: 8119's debt is well covered by operating cash flow (102.1%).
Interest Coverage: 8119 earns more interest than it pays, so coverage of interest payments is not a concern.