SAXA Balance Sheet Health
Financial Health criteria checks 6/6
SAXA has a total shareholder equity of ¥27.8B and total debt of ¥2.1B, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are ¥40.6B and ¥12.8B respectively. SAXA's EBIT is ¥2.6B making its interest coverage ratio -37.5. It has cash and short-term investments of ¥8.2B.
Key information
7.6%
Debt to equity ratio
JP¥2.10b
Debt
Interest coverage ratio | -37.5x |
Cash | JP¥8.17b |
Equity | JP¥27.80b |
Total liabilities | JP¥12.84b |
Total assets | JP¥40.63b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6675's short term assets (¥26.2B) exceed its short term liabilities (¥10.9B).
Long Term Liabilities: 6675's short term assets (¥26.2B) exceed its long term liabilities (¥1.9B).
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 15.2% to 7.6% over the past 5 years.
Debt Coverage: 6675's debt is well covered by operating cash flow (177.6%).
Interest Coverage: 6675 earns more interest than it pays, so coverage of interest payments is not a concern.