Sougou ShoukenLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sougou ShoukenLtd has a total shareholder equity of ¥2.9B and total debt of ¥2.8B, which brings its debt-to-equity ratio to 97.2%. Its total assets and total liabilities are ¥7.7B and ¥4.8B respectively. Sougou ShoukenLtd's EBIT is ¥254.0M making its interest coverage ratio 63.5. It has cash and short-term investments of ¥1.2B.
Key information
97.2%
Debt to equity ratio
JP¥2.81b
Debt
| Interest coverage ratio | 63.5x |
| Cash | JP¥1.18b |
| Equity | JP¥2.89b |
| Total liabilities | JP¥4.78b |
| Total assets | JP¥7.67b |
Recent financial health updates
Recent updates
Sougou ShoukenLtd's (TSE:7850) Solid Earnings May Rest On Weak Foundations
Sep 20
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 (¥3.1B) exceed its short term liabilities (¥2.3B).
Long Term Liabilities: 7850's short term assets (¥3.1B) exceed its long term liabilities (¥2.5B).
Debt to Equity History and Analysis
Debt Level: 7850's net debt to equity ratio (56.4%) is considered high.
Reducing Debt: 7850's debt to equity ratio has reduced from 204.3% to 97.2% over the past 5 years.
Debt Coverage: 7850's debt is well covered by operating cash flow (30.7%).
Interest Coverage: 7850's interest payments on its debt are well covered by EBIT (63.5x coverage).