S-Pool Balance Sheet Health
Financial Health criteria checks 2/6
S-Pool has a total shareholder equity of ¥8.8B and total debt of ¥9.3B, which brings its debt-to-equity ratio to 106.3%. Its total assets and total liabilities are ¥37.7B and ¥28.9B respectively. S-Pool's EBIT is ¥1.9B making its interest coverage ratio 7.7. It has cash and short-term investments of ¥3.0B.
Key information
106.3%
Debt to equity ratio
JP¥9.33b
Debt
| Interest coverage ratio | 7.7x |
| Cash | JP¥3.01b |
| Equity | JP¥8.78b |
| Total liabilities | JP¥28.92b |
| Total assets | JP¥37.70b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2471's short term assets (¥6.8B) do not cover its short term liabilities (¥10.3B).
Long Term Liabilities: 2471's short term assets (¥6.8B) do not cover its long term liabilities (¥18.6B).
Debt to Equity History and Analysis
Debt Level: 2471's net debt to equity ratio (72%) is considered high.
Reducing Debt: 2471's debt to equity ratio has increased from 66.1% to 106.3% over the past 5 years.
Debt Coverage: 2471's debt is well covered by operating cash flow (54.8%).
Interest Coverage: 2471's interest payments on its debt are well covered by EBIT (7.7x coverage).