SpacemarketInc Balance Sheet Health
Financial Health criteria checks 5/6
SpacemarketInc has a total shareholder equity of ¥659.0M and total debt of ¥233.0M, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are ¥2.0B and ¥1.4B respectively. SpacemarketInc's EBIT is ¥168.0M making its interest coverage ratio 168. It has cash and short-term investments of ¥806.0M.
Key information
35.4%
Debt to equity ratio
JP¥233.00m
Debt
| Interest coverage ratio | 168x |
| Cash | JP¥806.00m |
| Equity | JP¥659.00m |
| Total liabilities | JP¥1.36b |
| Total assets | JP¥2.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4487's short term assets (¥1.7B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 4487's short term assets (¥1.7B) exceed its long term liabilities (¥76.0M).
Debt to Equity History and Analysis
Debt Level: 4487 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 4487's debt to equity ratio has reduced 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: Whilst unprofitable 4487 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 4487 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 100.6% per year.