SMK Balance Sheet Health
Financial Health criteria checks 5/6
SMK has a total shareholder equity of ¥31.1B and total debt of ¥13.8B, which brings its debt-to-equity ratio to 44.3%. Its total assets and total liabilities are ¥57.4B and ¥26.3B respectively.
Key information
44.3%
Debt to equity ratio
JP¥13.79b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥10.94b |
| Equity | JP¥31.14b |
| Total liabilities | JP¥26.25b |
| Total assets | JP¥57.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6798's short term assets (¥32.8B) exceed its short term liabilities (¥15.2B).
Long Term Liabilities: 6798's short term assets (¥32.8B) exceed its long term liabilities (¥11.0B).
Debt to Equity History and Analysis
Debt Level: 6798's net debt to equity ratio (9.2%) is considered satisfactory.
Reducing Debt: 6798's debt to equity ratio has reduced from 62.6% to 44.3% over the past 5 years.
Debt Coverage: 6798's debt is well covered by operating cash flow (23.4%).
Interest Coverage: Insufficient data to determine if 6798's interest payments on its debt are well covered by EBIT.