S-Pool Balance Sheet Health
Financial Health criteria checks 2/6
S-Pool has a total shareholder equity of ¥8.4B and total debt of ¥9.1B, which brings its debt-to-equity ratio to 108%. Its total assets and total liabilities are ¥37.6B and ¥29.2B respectively. S-Pool's EBIT is ¥1.9B making its interest coverage ratio 9.8. It has cash and short-term investments of ¥3.5B.
Key information
108.0%
Debt to equity ratio
JP¥9.08b
Debt
Interest coverage ratio | 9.8x |
Cash | JP¥3.53b |
Equity | JP¥8.41b |
Total liabilities | JP¥29.23b |
Total assets | JP¥37.64b |
Financial Position Analysis
Short Term Liabilities: 2471's short term assets (¥6.9B) do not cover its short term liabilities (¥10.5B).
Long Term Liabilities: 2471's short term assets (¥6.9B) do not cover its long term liabilities (¥18.8B).
Debt to Equity History and Analysis
Debt Level: 2471's net debt to equity ratio (66.1%) is considered high.
Reducing Debt: 2471's debt to equity ratio has increased from 74.1% to 108% over the past 5 years.
Debt Coverage: 2471's debt is well covered by operating cash flow (56.3%).
Interest Coverage: 2471's interest payments on its debt are well covered by EBIT (9.8x coverage).