Sanken Electric Balance Sheet Health
Financial Health criteria checks 3/6
Sanken Electric has a total shareholder equity of ¥205.4B and total debt of ¥139.1B, which brings its debt-to-equity ratio to 67.7%. Its total assets and total liabilities are ¥398.4B and ¥193.0B respectively. Sanken Electric's EBIT is ¥6.4B making its interest coverage ratio 2.9. It has cash and short-term investments of ¥47.2B.
Key information
67.7%
Debt to equity ratio
JP¥139.12b
Debt
| Interest coverage ratio | 2.9x |
| Cash | JP¥47.23b |
| Equity | JP¥205.38b |
| Total liabilities | JP¥193.00b |
| Total assets | JP¥398.38b |
Recent financial health updates
Sanken Electric (TSE:6707) Seems To Be Using A Lot Of Debt
Nov 13
We Think Sanken Electric (TSE:6707) Is Taking Some Risk With Its Debt
Aug 08Recent updates
Sanken Electric (TSE:6707) Seems To Be Using A Lot Of Debt
Nov 13There's No Escaping Sanken Electric Co., Ltd.'s (TSE:6707) Muted Revenues
Oct 01We Think Sanken Electric (TSE:6707) Is Taking Some Risk With Its Debt
Aug 08Returns At Sanken Electric (TSE:6707) Appear To Be Weighed Down
Jul 18Sanken Electric Co., Ltd.'s (TSE:6707) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Jun 20At JP¥6,598, Is It Time To Put Sanken Electric Co., Ltd. (TSE:6707) On Your Watch List?
Apr 25Sanken Electric Co., Ltd.'s (TSE:6707) Share Price Matching Investor Opinion
Mar 16Financial Position Analysis
Short Term Liabilities: 6707's short term assets (¥168.5B) exceed its short term liabilities (¥107.8B).
Long Term Liabilities: 6707's short term assets (¥168.5B) exceed its long term liabilities (¥85.2B).
Debt to Equity History and Analysis
Debt Level: 6707's net debt to equity ratio (44.7%) is considered high.
Reducing Debt: 6707's debt to equity ratio has reduced from 99% to 67.7% over the past 5 years.
Debt Coverage: 6707's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: 6707's interest payments on its debt are not well covered by EBIT (2.9x coverage).