Sportsfield Balance Sheet Health
Financial Health criteria checks 6/6
Sportsfield has a total shareholder equity of ¥1.4B and total debt of ¥258.0M, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are ¥2.3B and ¥921.0M respectively. Sportsfield's EBIT is ¥870.0M making its interest coverage ratio 435. It has cash and short-term investments of ¥1.5B.
Key information
18.6%
Debt to equity ratio
JP¥258.00m
Debt
Interest coverage ratio | 435x |
Cash | JP¥1.47b |
Equity | JP¥1.39b |
Total liabilities | JP¥921.00m |
Total assets | JP¥2.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7080's short term assets (¥1.9B) exceed its short term liabilities (¥701.0M).
Long Term Liabilities: 7080's short term assets (¥1.9B) exceed its long term liabilities (¥220.0M).
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 264.4% to 18.6% over the past 5 years.
Debt Coverage: 7080's debt is well covered by operating cash flow (173.6%).
Interest Coverage: 7080's interest payments on its debt are well covered by EBIT (435x coverage).