SpacemarketInc Balance Sheet Health
Financial Health criteria checks 5/6
SpacemarketInc has a total shareholder equity of ¥551.0M and total debt of ¥178.0M, which brings its debt-to-equity ratio to 32.3%. Its total assets and total liabilities are ¥2.0B and ¥1.5B respectively. SpacemarketInc's EBIT is ¥102.0M making its interest coverage ratio 102. It has cash and short-term investments of ¥558.0M.
Key information
32.3%
Debt to equity ratio
JP¥178.00m
Debt
Interest coverage ratio | 102x |
Cash | JP¥558.00m |
Equity | JP¥551.00m |
Total liabilities | JP¥1.49b |
Total assets | JP¥2.05b |
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 (¥1.5B).
Long Term Liabilities: 4487's short term assets (¥1.7B) exceed its long term liabilities (¥26.0M).
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 94.3% per year.