SAKAI HoldingsLTD Balance Sheet Health
Financial Health criteria checks 2/6
SAKAI HoldingsLTD has a total shareholder equity of ¥4.2B and total debt of ¥14.9B, which brings its debt-to-equity ratio to 351%. Its total assets and total liabilities are ¥21.7B and ¥17.5B respectively. SAKAI HoldingsLTD's EBIT is ¥1.3B making its interest coverage ratio 11.1. It has cash and short-term investments of ¥2.9B.
Key information
351.0%
Debt to equity ratio
JP¥14.86b
Debt
| Interest coverage ratio | 11.1x |
| Cash | JP¥2.91b |
| Equity | JP¥4.23b |
| Total liabilities | JP¥17.50b |
| Total assets | JP¥21.74b |
Recent financial health updates
Recent updates
How Does SAKAI Holdings CO.,LTD (TYO:9446) Stand Up To These Simple Dividend Safety Checks?
Apr 15
Why SAKAI Holdings CO.,LTD (TYO:9446) Looks Like A Quality Company
Mar 12Did You Participate In Any Of SAKAI HoldingsLTD's (TYO:9446) Fantastic 117% Return ?
Feb 22Here's Why SAKAI HoldingsLTD (TYO:9446) Has A Meaningful Debt Burden
Feb 04
Here's What To Make Of SAKAI HoldingsLTD's (TYO:9446) Returns On Capital
Dec 18Is SAKAI Holdings CO.,LTD (TYO:9446) A High Quality Stock To Own?
Nov 23Financial Position Analysis
Short Term Liabilities: 9446's short term assets (¥5.5B) do not cover its short term liabilities (¥6.8B).
Long Term Liabilities: 9446's short term assets (¥5.5B) do not cover its long term liabilities (¥10.7B).
Debt to Equity History and Analysis
Debt Level: 9446's net debt to equity ratio (282.2%) is considered high.
Reducing Debt: 9446's debt to equity ratio has reduced from 1002.2% to 351% over the past 5 years.
Debt Coverage: 9446's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: 9446's interest payments on its debt are well covered by EBIT (11.1x coverage).