Sanshin Electronics Balance Sheet Health
Financial Health criteria checks 4/6
Sanshin Electronics has a total shareholder equity of ¥35.6B and total debt of ¥30.4B, which brings its debt-to-equity ratio to 85.3%. Its total assets and total liabilities are ¥79.8B and ¥44.2B respectively. Sanshin Electronics's EBIT is ¥5.3B making its interest coverage ratio 5.6. It has cash and short-term investments of ¥7.8B.
Key information
85.3%
Debt to equity ratio
JP¥30.37b
Debt
Interest coverage ratio | 5.6x |
Cash | JP¥7.84b |
Equity | JP¥35.60b |
Total liabilities | JP¥44.21b |
Total assets | JP¥79.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SSNE.F's short term assets (¥73.7B) exceed its short term liabilities (¥43.4B).
Long Term Liabilities: SSNE.F's short term assets (¥73.7B) exceed its long term liabilities (¥826.0M).
Debt to Equity History and Analysis
Debt Level: SSNE.F's net debt to equity ratio (63.3%) is considered high.
Reducing Debt: SSNE.F's debt to equity ratio has increased from 72.1% to 85.3% over the past 5 years.
Debt Coverage: SSNE.F's debt is well covered by operating cash flow (22.5%).
Interest Coverage: SSNE.F's interest payments on its debt are well covered by EBIT (5.6x coverage).