Saibo Balance Sheet Health
Financial Health criteria checks 2/6
Saibo has a total shareholder equity of ¥19.6B and total debt of ¥14.0B, which brings its debt-to-equity ratio to 71.6%. Its total assets and total liabilities are ¥43.5B and ¥24.0B respectively. Saibo's EBIT is ¥987.0M making its interest coverage ratio -10.8. It has cash and short-term investments of ¥3.6B.
Key information
71.6%
Debt to equity ratio
JP¥14.00b
Debt
Interest coverage ratio | -10.8x |
Cash | JP¥3.64b |
Equity | JP¥19.56b |
Total liabilities | JP¥23.97b |
Total assets | JP¥43.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3123's short term assets (¥7.8B) exceed its short term liabilities (¥3.9B).
Long Term Liabilities: 3123's short term assets (¥7.8B) do not cover its long term liabilities (¥20.1B).
Debt to Equity History and Analysis
Debt Level: 3123's net debt to equity ratio (52.9%) is considered high.
Reducing Debt: 3123's debt to equity ratio has increased from 11.5% to 71.6% over the past 5 years.
Debt Coverage: 3123's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: 3123 earns more interest than it pays, so coverage of interest payments is not a concern.