Sportsfield Balance Sheet Health
Financial Health criteria checks 6/6
Sportsfield has a total shareholder equity of ¥1.6B and total debt of ¥174.0M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are ¥2.5B and ¥897.0M respectively. Sportsfield's EBIT is ¥808.0M making its interest coverage ratio 404. It has cash and short-term investments of ¥1.7B.
Key information
11.0%
Debt to equity ratio
JP¥174.00m
Debt
| Interest coverage ratio | 404x |
| Cash | JP¥1.71b |
| Equity | JP¥1.58b |
| Total liabilities | JP¥897.00m |
| Total assets | JP¥2.48b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7080's short term assets (¥2.1B) exceed its short term liabilities (¥740.0M).
Long Term Liabilities: 7080's short term assets (¥2.1B) exceed its long term liabilities (¥157.0M).
Debt to Equity History and Analysis
Debt Level: 7080 has more cash than its total debt.
Reducing Debt: 7080's debt to equity ratio has reduced from 95.2% to 11% over the past 5 years.
Debt Coverage: 7080's debt is well covered by operating cash flow (370.7%).
Interest Coverage: 7080's interest payments on its debt are well covered by EBIT (404x coverage).