SD ENTERTAINMENTInc Balance Sheet Health
Financial Health criteria checks 3/6
SD ENTERTAINMENTInc has a total shareholder equity of ¥1.5B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 137.7%. Its total assets and total liabilities are ¥4.3B and ¥2.9B respectively. SD ENTERTAINMENTInc's EBIT is ¥124.0M making its interest coverage ratio 3.4. It has cash and short-term investments of ¥971.0M.
Key information
137.7%
Debt to equity ratio
JP¥2.03b
Debt
| Interest coverage ratio | 3.4x |
| Cash | JP¥971.00m |
| Equity | JP¥1.47b |
| Total liabilities | JP¥2.86b |
| Total assets | JP¥4.34b |
Financial Position Analysis
Short Term Liabilities: 4650's short term assets (¥1.4B) do not cover its short term liabilities (¥2.1B).
Long Term Liabilities: 4650's short term assets (¥1.4B) exceed its long term liabilities (¥729.0M).
Debt to Equity History and Analysis
Debt Level: 4650's net debt to equity ratio (71.8%) is considered high.
Reducing Debt: 4650's debt to equity ratio has reduced from 201.2% to 137.7% over the past 5 years.
Debt Coverage: 4650's debt is not well covered by operating cash flow (1.3%).
Interest Coverage: 4650's interest payments on its debt are well covered by EBIT (3.4x coverage).