SAXA Holdings Balance Sheet Health
Financial Health criteria checks 6/6
SAXA Holdings has a total shareholder equity of ¥26.4B and total debt of ¥2.7B, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are ¥42.3B and ¥15.9B respectively. SAXA Holdings's EBIT is ¥4.2B making its interest coverage ratio -76.9. It has cash and short-term investments of ¥9.2B.
Key information
10.2%
Debt to equity ratio
JP¥2.70b
Debt
Interest coverage ratio | -76.9x |
Cash | JP¥9.19b |
Equity | JP¥26.38b |
Total liabilities | JP¥15.94b |
Total assets | JP¥42.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6675's short term assets (¥27.8B) exceed its short term liabilities (¥13.0B).
Long Term Liabilities: 6675's short term assets (¥27.8B) exceed its long term liabilities (¥3.0B).
Debt to Equity History and Analysis
Debt Level: 6675 has more cash than its total debt.
Reducing Debt: 6675's debt to equity ratio has reduced from 18.3% to 10.2% over the past 5 years.
Debt Coverage: 6675's debt is well covered by operating cash flow (146%).
Interest Coverage: 6675 earns more interest than it pays, so coverage of interest payments is not a concern.