Sakurajima Futo Kaisha Balance Sheet Health
Financial Health criteria checks 5/6
Sakurajima Futo Kaisha has a total shareholder equity of ¥5.7B and total debt of ¥1.2B, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are ¥9.3B and ¥3.6B respectively. Sakurajima Futo Kaisha's EBIT is ¥200.0M making its interest coverage ratio -2.9. It has cash and short-term investments of ¥442.0M.
Key information
20.1%
Debt to equity ratio
JP¥1.15b
Debt
Interest coverage ratio | -2.9x |
Cash | JP¥442.00m |
Equity | JP¥5.73b |
Total liabilities | JP¥3.55b |
Total assets | JP¥9.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9353's short term assets (¥2.0B) exceed its short term liabilities (¥1.2B).
Long Term Liabilities: 9353's short term assets (¥2.0B) do not cover its long term liabilities (¥2.4B).
Debt to Equity History and Analysis
Debt Level: 9353's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: 9353's debt to equity ratio has reduced from 26.8% to 20.1% over the past 5 years.
Debt Coverage: 9353's debt is well covered by operating cash flow (76.5%).
Interest Coverage: 9353 earns more interest than it pays, so coverage of interest payments is not a concern.