SOFT99corporation Balance Sheet Health
Financial Health criteria checks 6/6
SOFT99corporation has a total shareholder equity of ¥55.0B and total debt of ¥190.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ¥62.6B and ¥7.5B respectively. SOFT99corporation's EBIT is ¥3.7B making its interest coverage ratio -30.5. It has cash and short-term investments of ¥20.9B.
Key information
0.3%
Debt to equity ratio
JP¥190.00m
Debt
| Interest coverage ratio | -30.5x |
| Cash | JP¥20.95b |
| Equity | JP¥55.00b |
| Total liabilities | JP¥7.55b |
| Total assets | JP¥62.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4464's short term assets (¥31.2B) exceed its short term liabilities (¥3.8B).
Long Term Liabilities: 4464's short term assets (¥31.2B) exceed its long term liabilities (¥3.7B).
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 0.4% to 0.3% over the past 5 years.
Debt Coverage: 4464's debt is well covered by operating cash flow (1985.3%).
Interest Coverage: 4464 earns more interest than it pays, so coverage of interest payments is not a concern.