Shokubun Balance Sheet Health
Financial Health criteria checks 5/6
Shokubun has a total shareholder equity of ¥2.4B and total debt of ¥1.7B, which brings its debt-to-equity ratio to 71.8%. Its total assets and total liabilities are ¥5.3B and ¥2.9B respectively. Shokubun's EBIT is ¥19.0M making its interest coverage ratio 1.4. It has cash and short-term investments of ¥1.4B.
Key information
71.8%
Debt to equity ratio
JP¥1.74b
Debt
| Interest coverage ratio | 1.4x |
| Cash | JP¥1.39b |
| Equity | JP¥2.42b |
| Total liabilities | JP¥2.89b |
| Total assets | JP¥5.31b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9969's short term assets (¥1.7B) do not cover its short term liabilities (¥1.8B).
Long Term Liabilities: 9969's short term assets (¥1.7B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: 9969's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: 9969's debt to equity ratio has reduced from 833.3% to 71.8% 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 9969 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 9969 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 41.2% per year.