Sakae Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Sakae Electronics has a total shareholder equity of ¥4.4B and total debt of ¥500.0M, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are ¥7.4B and ¥3.0B respectively. Sakae Electronics's EBIT is ¥442.0M making its interest coverage ratio -26. It has cash and short-term investments of ¥1.5B.
Key information
11.4%
Debt to equity ratio
JP¥500.00m
Debt
| Interest coverage ratio | -26x |
| Cash | JP¥1.51b |
| Equity | JP¥4.39b |
| Total liabilities | JP¥3.04b |
| Total assets | JP¥7.43b |
Recent financial health updates
Is Sakae Electronics (TSE:7567) Using Too Much Debt?
Feb 27
Is Sakae Electronics (TYO:7567) Using Too Much Debt?
Mar 24Is Sakae Electronics (TYO:7567) A Risky Investment?
Dec 24
Recent updates
Is Sakae Electronics (TSE:7567) Using Too Much Debt?
Feb 27Is Sakae Electronics (TYO:7567) Using Too Much Debt?
Mar 24What To Know Before Buying Sakae Electronics Corporation (TYO:7567) For Its Dividend
Mar 03Be Wary Of Sakae Electronics (TYO:7567) And Its Returns On Capital
Feb 10Sakae Electronics Corporation's (TYO:7567) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Jan 20Is Sakae Electronics (TYO:7567) A Risky Investment?
Dec 24What To Know Before Buying Sakae Electronics Corporation (TYO:7567) For Its Dividend
Dec 01Sakae Electronics Corporation's (TYO:7567) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Jul 13Financial Position Analysis
Short Term Liabilities: 7567's short term assets (¥5.0B) exceed its short term liabilities (¥2.8B).
Long Term Liabilities: 7567's short term assets (¥5.0B) exceed its long term liabilities (¥197.0M).
Debt to Equity History and Analysis
Debt Level: 7567 has more cash than its total debt.
Reducing Debt: 7567's debt to equity ratio has reduced from 27.9% to 11.4% over the past 5 years.
Debt Coverage: 7567's debt is well covered by operating cash flow (105.2%).
Interest Coverage: 7567 earns more interest than it pays, so coverage of interest payments is not a concern.