Solvvy Balance Sheet Health
Financial Health criteria checks 4/6
Solvvy has a total shareholder equity of ¥3.1B and total debt of ¥2.5B, which brings its debt-to-equity ratio to 78.6%. Its total assets and total liabilities are ¥24.8B and ¥21.7B respectively. Solvvy's EBIT is ¥1.4B making its interest coverage ratio -41.7. It has cash and short-term investments of ¥3.7B.
Key information
78.6%
Debt to equity ratio
JP¥2.47b
Debt
| Interest coverage ratio | -41.7x |
| Cash | JP¥3.73b |
| Equity | JP¥3.14b |
| Total liabilities | JP¥21.71b |
| Total assets | JP¥24.85b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7320's short term assets (¥9.0B) exceed its short term liabilities (¥4.0B).
Long Term Liabilities: 7320's short term assets (¥9.0B) do not cover its long term liabilities (¥17.7B).
Debt to Equity History and Analysis
Debt Level: 7320 has more cash than its total debt.
Reducing Debt: 7320's debt to equity ratio has increased from 0% to 78.6% over the past 5 years.
Debt Coverage: 7320's debt is well covered by operating cash flow (37.3%).
Interest Coverage: 7320 earns more interest than it pays, so coverage of interest payments is not a concern.