SMS Balance Sheet Health
Financial Health criteria checks 6/6
SMS has a total shareholder equity of ¥44.3B and total debt of ¥6.2B, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are ¥72.5B and ¥28.2B respectively. SMS's EBIT is ¥8.3B making its interest coverage ratio 295.4. It has cash and short-term investments of ¥18.2B.
Key information
13.9%
Debt to equity ratio
JP¥6.15b
Debt
Interest coverage ratio | 295.4x |
Cash | JP¥18.24b |
Equity | JP¥44.28b |
Total liabilities | JP¥28.19b |
Total assets | JP¥72.48b |
Financial Position Analysis
Short Term Liabilities: 2175's short term assets (¥37.8B) exceed its short term liabilities (¥21.3B).
Long Term Liabilities: 2175's short term assets (¥37.8B) exceed its long term liabilities (¥6.9B).
Debt to Equity History and Analysis
Debt Level: 2175 has more cash than its total debt.
Reducing Debt: 2175's debt to equity ratio has reduced from 129.5% to 13.9% over the past 5 years.
Debt Coverage: 2175's debt is well covered by operating cash flow (158.9%).
Interest Coverage: 2175's interest payments on its debt are well covered by EBIT (295.4x coverage).