Sonec Balance Sheet Health
Financial Health criteria checks 6/6
Sonec has a total shareholder equity of ¥8.6B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥11.5B and ¥2.9B respectively. Sonec's EBIT is ¥131.0M making its interest coverage ratio -6.9. It has cash and short-term investments of ¥2.9B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -6.9x |
| Cash | JP¥2.93b |
| Equity | JP¥8.58b |
| Total liabilities | JP¥2.95b |
| Total assets | JP¥11.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1768's short term assets (¥9.0B) exceed its short term liabilities (¥2.6B).
Long Term Liabilities: 1768's short term assets (¥9.0B) exceed its long term liabilities (¥337.0M).
Debt to Equity History and Analysis
Debt Level: 1768 is debt free.
Reducing Debt: 1768 has not had any debt for past 5 years.
Debt Coverage: 1768 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1768 has no debt, therefore coverage of interest payments is not a concern.