SpaceLtd Balance Sheet Health
Financial Health criteria checks 5/6
SpaceLtd has a total shareholder equity of ¥30.8B and total debt of ¥60.0M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ¥37.6B and ¥6.9B respectively. SpaceLtd's EBIT is ¥2.6B making its interest coverage ratio -92. It has cash and short-term investments of ¥13.1B.
Key information
0.2%
Debt to equity ratio
JP¥60.00m
Debt
Interest coverage ratio | -92x |
Cash | JP¥13.15b |
Equity | JP¥30.75b |
Total liabilities | JP¥6.87b |
Total assets | JP¥37.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9622's short term assets (¥24.7B) exceed its short term liabilities (¥6.1B).
Long Term Liabilities: 9622's short term assets (¥24.7B) exceed its long term liabilities (¥735.0M).
Debt to Equity History and Analysis
Debt Level: 9622 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 9622's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9622's debt is well covered by operating cash flow (3555%).
Interest Coverage: 9622 earns more interest than it pays, so coverage of interest payments is not a concern.