Simplex Financial Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Simplex Financial Holdings has a total shareholder equity of ¥7.3B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥8.5B and ¥1.2B respectively. Simplex Financial Holdings's EBIT is ¥4.7B making its interest coverage ratio -202.3. It has cash and short-term investments of ¥6.0B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -202.3x |
Cash | JP¥5.98b |
Equity | JP¥7.29b |
Total liabilities | JP¥1.22b |
Total assets | JP¥8.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7176's short term assets (¥7.7B) exceed its short term liabilities (¥1.2B).
Long Term Liabilities: 7176's short term assets (¥7.7B) exceed its long term liabilities (¥62.0M).
Debt to Equity History and Analysis
Debt Level: 7176 is debt free.
Reducing Debt: 7176 has not had any debt for past 5 years.
Debt Coverage: 7176 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 7176 has no debt, therefore coverage of interest payments is not a concern.