SMK Balance Sheet Health
Financial Health criteria checks 5/6
SMK has a total shareholder equity of ¥31.4B and total debt of ¥13.2B, which brings its debt-to-equity ratio to 42%. Its total assets and total liabilities are ¥57.7B and ¥26.2B respectively.
Key information
42.0%
Debt to equity ratio
JP¥13.20b
Debt
Interest coverage ratio | n/a |
Cash | JP¥10.12b |
Equity | JP¥31.44b |
Total liabilities | JP¥26.23b |
Total assets | JP¥57.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6798's short term assets (¥34.1B) exceed its short term liabilities (¥15.9B).
Long Term Liabilities: 6798's short term assets (¥34.1B) exceed its long term liabilities (¥10.3B).
Debt to Equity History and Analysis
Debt Level: 6798's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: 6798's debt to equity ratio has reduced from 66.6% to 42% over the past 5 years.
Debt Coverage: 6798's debt is well covered by operating cash flow (29.1%).
Interest Coverage: Insufficient data to determine if 6798's interest payments on its debt are well covered by EBIT.