Sougou ShoukenLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sougou ShoukenLtd has a total shareholder equity of ¥3.3B and total debt of ¥4.7B, which brings its debt-to-equity ratio to 139.3%. Its total assets and total liabilities are ¥11.3B and ¥7.9B respectively. Sougou ShoukenLtd's EBIT is ¥309.0M making its interest coverage ratio 22.1. It has cash and short-term investments of ¥3.2B.
Key information
139.3%
Debt to equity ratio
JP¥4.65b
Debt
Interest coverage ratio | 22.1x |
Cash | JP¥3.21b |
Equity | JP¥3.34b |
Total liabilities | JP¥7.92b |
Total assets | JP¥11.26b |
Recent financial health updates
Recent updates
We Like Sougou ShoukenLtd's (TSE:7850) Earnings For More Than Just Statutory Profit
Mar 22Sougou ShoukenLtd (TYO:7850) Is Experiencing Growth In Returns On Capital
May 07We Like Sougou ShoukenLtd's (TYO:7850) Earnings For More Than Just Statutory Profit
Mar 23Should You Buy Sougou Shouken Co.,Ltd. (TYO:7850) For Its Dividend?
Feb 26Is Sougou ShoukenLtd (TYO:7850) A Risky Investment?
Jan 04Financial Position Analysis
Short Term Liabilities: 7850's short term assets (¥6.3B) exceed its short term liabilities (¥5.2B).
Long Term Liabilities: 7850's short term assets (¥6.3B) exceed its long term liabilities (¥2.7B).
Debt to Equity History and Analysis
Debt Level: 7850's net debt to equity ratio (43.3%) is considered high.
Reducing Debt: 7850's debt to equity ratio has reduced from 206.6% to 139.3% over the past 5 years.
Debt Coverage: 7850's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: 7850's interest payments on its debt are well covered by EBIT (22.1x coverage).