SOFT99corporation Balance Sheet Health
Financial Health criteria checks 6/6
SOFT99corporation has a total shareholder equity of ¥54.0B and total debt of ¥242.0M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ¥61.8B and ¥7.8B respectively. SOFT99corporation's EBIT is ¥3.6B making its interest coverage ratio -32.7. It has cash and short-term investments of ¥20.5B.
Key information
0.4%
Debt to equity ratio
JP¥242.00m
Debt
Interest coverage ratio | -32.7x |
Cash | JP¥20.49b |
Equity | JP¥53.99b |
Total liabilities | JP¥7.82b |
Total assets | JP¥61.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4464's short term assets (¥31.4B) exceed its short term liabilities (¥4.3B).
Long Term Liabilities: 4464's short term assets (¥31.4B) exceed its long term liabilities (¥3.5B).
Debt to Equity History and Analysis
Debt Level: 4464 has more cash than its total debt.
Reducing Debt: 4464's debt to equity ratio has reduced from 0.5% to 0.4% over the past 5 years.
Debt Coverage: 4464's debt is well covered by operating cash flow (1243%).
Interest Coverage: 4464 earns more interest than it pays, so coverage of interest payments is not a concern.