Sakata Seed Balance Sheet Health
Financial Health criteria checks 6/6
Sakata Seed has a total shareholder equity of ¥164.0B and total debt of ¥3.2B, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are ¥192.8B and ¥28.8B respectively. Sakata Seed's EBIT is ¥10.9B making its interest coverage ratio -10.3. It has cash and short-term investments of ¥34.5B.
Key information
1.9%
Debt to equity ratio
JP¥3.18b
Debt
| Interest coverage ratio | -10.3x |
| Cash | JP¥34.46b |
| Equity | JP¥164.00b |
| Total liabilities | JP¥28.78b |
| Total assets | JP¥192.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SKSD.F's short term assets (¥115.7B) exceed its short term liabilities (¥19.6B).
Long Term Liabilities: SKSD.F's short term assets (¥115.7B) exceed its long term liabilities (¥9.2B).
Debt to Equity History and Analysis
Debt Level: SKSD.F has more cash than its total debt.
Reducing Debt: SKSD.F's debt to equity ratio has reduced from 5.6% to 1.9% over the past 5 years.
Debt Coverage: SKSD.F's debt is well covered by operating cash flow (219.3%).
Interest Coverage: SKSD.F earns more interest than it pays, so coverage of interest payments is not a concern.