Souken Ace Balance Sheet Health
Financial Health criteria checks 1/6
Souken Ace has a total shareholder equity of ¥389.0M and total debt of ¥1.3B, which brings its debt-to-equity ratio to 342.9%. Its total assets and total liabilities are ¥2.9B and ¥2.5B respectively.
Key information
342.9%
Debt to equity ratio
JP¥1.33b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥30.00m |
| Equity | JP¥389.00m |
| Total liabilities | JP¥2.47b |
| Total assets | JP¥2.85b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 1757's short term assets (¥1.8B) do not cover its short term liabilities (¥1.8B).
Long Term Liabilities: 1757's short term assets (¥1.8B) exceed its long term liabilities (¥659.0M).
Debt to Equity History and Analysis
Debt Level: 1757's net debt to equity ratio (335.2%) is considered high.
Reducing Debt: 1757's debt to equity ratio has increased from 144.2% to 342.9% 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 20.4% each year