StepLtd Balance Sheet Health
Financial Health criteria checks 6/6
StepLtd has a total shareholder equity of ¥26.5B and total debt of ¥193.0M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ¥29.3B and ¥2.8B respectively. StepLtd's EBIT is ¥3.1B making its interest coverage ratio 7223.9. It has cash and short-term investments of ¥10.0B.
Key information
0.7%
Debt to equity ratio
JP¥192.95m
Debt
Interest coverage ratio | 7223.9x |
Cash | JP¥9.96b |
Equity | JP¥26.49b |
Total liabilities | JP¥2.78b |
Total assets | JP¥29.27b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9795's short term assets (¥10.8B) exceed its short term liabilities (¥2.1B).
Long Term Liabilities: 9795's short term assets (¥10.8B) exceed its long term liabilities (¥638.6M).
Debt to Equity History and Analysis
Debt Level: 9795 has more cash than its total debt.
Reducing Debt: 9795's debt to equity ratio has reduced from 4.2% to 0.7% over the past 5 years.
Debt Coverage: 9795's debt is well covered by operating cash flow (1607.7%).
Interest Coverage: 9795's interest payments on its debt are well covered by EBIT (7223.9x coverage).