Secure Balance Sheet Health
Financial Health criteria checks 4/6
Secure has a total shareholder equity of ¥1.2B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 121.1%. Its total assets and total liabilities are ¥3.7B and ¥2.5B respectively. Secure's EBIT is ¥225.0M making its interest coverage ratio 22.5. It has cash and short-term investments of ¥1.2B.
Key information
121.1%
Debt to equity ratio
JP¥1.48b
Debt
| Interest coverage ratio | 22.5x |
| Cash | JP¥1.25b |
| Equity | JP¥1.22b |
| Total liabilities | JP¥2.50b |
| Total assets | JP¥3.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Q58's short term assets (¥2.9B) exceed its short term liabilities (¥1.4B).
Long Term Liabilities: Q58's short term assets (¥2.9B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: Q58's net debt to equity ratio (18.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if Q58's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Q58's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: Q58's interest payments on its debt are well covered by EBIT (22.5x coverage).