Souken Ace Balance Sheet Health
Financial Health criteria checks 2/6
Souken Ace has a total shareholder equity of ¥95.0M and total debt of ¥1.2B, which brings its debt-to-equity ratio to 1308.4%. Its total assets and total liabilities are ¥1.9B and ¥1.8B respectively.
Key information
1,308.4%
Debt to equity ratio
JP¥1.24b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥181.00m |
| Equity | JP¥95.00m |
| Total liabilities | JP¥1.81b |
| Total assets | JP¥1.90b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 1757's short term assets (¥1.4B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 1757's short term assets (¥1.4B) exceed its long term liabilities (¥730.0M).
Debt to Equity History and Analysis
Debt Level: 1757's net debt to equity ratio (1117.9%) is considered high.
Reducing Debt: 1757's debt to equity ratio has increased from 190% to 1308.4% 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 21.7% each year