Serendip HoldingsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Serendip HoldingsLtd has a total shareholder equity of ¥5.5B and total debt of ¥5.8B, which brings its debt-to-equity ratio to 105.1%. Its total assets and total liabilities are ¥17.0B and ¥11.5B respectively.
Key information
105.1%
Debt to equity ratio
JP¥5.76b
Debt
Interest coverage ratio | n/a |
Cash | JP¥3.77b |
Equity | JP¥5.48b |
Total liabilities | JP¥11.51b |
Total assets | JP¥16.99b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7318's short term assets (¥8.2B) exceed its short term liabilities (¥5.9B).
Long Term Liabilities: 7318's short term assets (¥8.2B) exceed its long term liabilities (¥5.6B).
Debt to Equity History and Analysis
Debt Level: 7318's net debt to equity ratio (36.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 7318's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7318's debt is well covered by operating cash flow (40%).
Interest Coverage: Insufficient data to determine if 7318's interest payments on its debt are well covered by EBIT.