Sakurajima Futo Kaisha Balance Sheet Health
Financial Health criteria checks 4/6
Sakurajima Futo Kaisha has a total shareholder equity of ¥6.6B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are ¥10.7B and ¥4.1B respectively. Sakurajima Futo Kaisha's EBIT is ¥224.0M making its interest coverage ratio -2.9. It has cash and short-term investments of ¥636.0M.
Key information
23.6%
Debt to equity ratio
JP¥1.55b
Debt
| Interest coverage ratio | -2.9x |
| Cash | JP¥636.00m |
| Equity | JP¥6.56b |
| Total liabilities | JP¥4.13b |
| Total assets | JP¥10.69b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9353's short term assets (¥1.9B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 9353's short term assets (¥1.9B) do not cover its long term liabilities (¥2.8B).
Debt to Equity History and Analysis
Debt Level: 9353's net debt to equity ratio (13.9%) is considered satisfactory.
Reducing Debt: 9353's debt to equity ratio has increased from 22.6% to 23.6% over the past 5 years.
Debt Coverage: 9353's debt is well covered by operating cash flow (48.7%).
Interest Coverage: 9353 earns more interest than it pays, so coverage of interest payments is not a concern.