Souken Ace Balance Sheet Health
Financial Health criteria checks 2/6
Souken Ace has a total shareholder equity of ¥713.0M and total debt of ¥953.0M, which brings its debt-to-equity ratio to 133.7%. Its total assets and total liabilities are ¥2.1B and ¥1.3B respectively.
Key information
133.7%
Debt to equity ratio
JP¥953.00m
Debt
Interest coverage ratio | n/a |
Cash | JP¥188.00m |
Equity | JP¥713.00m |
Total liabilities | JP¥1.35b |
Total assets | JP¥2.06b |
Financial Position Analysis
Short Term Liabilities: 1757's short term assets (¥1.6B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 1757's short term assets (¥1.6B) exceed its long term liabilities (¥38.0M).
Debt to Equity History and Analysis
Debt Level: 1757's net debt to equity ratio (107.3%) is considered high.
Reducing Debt: 1757's debt to equity ratio has increased from 77.3% to 133.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 1757 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 1757 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11% each year