Sanyei Balance Sheet Health
Financial Health criteria checks 6/6
Sanyei has a total shareholder equity of ¥11.3B and total debt of ¥4.2B, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are ¥20.0B and ¥8.7B respectively. Sanyei's EBIT is ¥1.1B making its interest coverage ratio -19.9. It has cash and short-term investments of ¥4.9B.
Key information
36.7%
Debt to equity ratio
JP¥4.15b
Debt
Interest coverage ratio | -19.9x |
Cash | JP¥4.92b |
Equity | JP¥11.30b |
Total liabilities | JP¥8.70b |
Total assets | JP¥20.00b |
Recent financial health updates
Recent updates
Investors 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 (¥14.9B) exceed its short term liabilities (¥5.6B).
Long Term Liabilities: 8119's short term assets (¥14.9B) exceed its long term liabilities (¥3.1B).
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 42.5% to 36.7% over the past 5 years.
Debt Coverage: 8119's debt is well covered by operating cash flow (46.8%).
Interest Coverage: 8119 earns more interest than it pays, so coverage of interest payments is not a concern.