SPRIX Balance Sheet Health
Financial Health criteria checks 5/6
SPRIX has a total shareholder equity of ¥10.0B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are ¥20.6B and ¥10.6B respectively. SPRIX's EBIT is ¥1.6B making its interest coverage ratio 326. It has cash and short-term investments of ¥6.3B.
Key information
19.2%
Debt to equity ratio
JP¥1.93b
Debt
Interest coverage ratio | 326x |
Cash | JP¥6.31b |
Equity | JP¥10.04b |
Total liabilities | JP¥10.57b |
Total assets | JP¥20.61b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7030's short term assets (¥10.4B) exceed its short term liabilities (¥8.7B).
Long Term Liabilities: 7030's short term assets (¥10.4B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 7030 has more cash than its total debt.
Reducing Debt: 7030's debt to equity ratio has increased from 0% to 19.2% over the past 5 years.
Debt Coverage: 7030's debt is well covered by operating cash flow (87%).
Interest Coverage: 7030's interest payments on its debt are well covered by EBIT (326x coverage).