SPARX Group Balance Sheet Health
Financial Health criteria checks 6/6
SPARX Group has a total shareholder equity of ¥29.3B and total debt of ¥9.0B, which brings its debt-to-equity ratio to 30.7%. Its total assets and total liabilities are ¥42.8B and ¥13.5B respectively. SPARX Group's EBIT is ¥6.5B making its interest coverage ratio -56.4. It has cash and short-term investments of ¥18.5B.
Key information
30.7%
Debt to equity ratio
JP¥9.00b
Debt
Interest coverage ratio | -56.4x |
Cash | JP¥18.49b |
Equity | JP¥29.27b |
Total liabilities | JP¥13.50b |
Total assets | JP¥42.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8739's short term assets (¥24.5B) exceed its short term liabilities (¥5.5B).
Long Term Liabilities: 8739's short term assets (¥24.5B) exceed its long term liabilities (¥8.0B).
Debt to Equity History and Analysis
Debt Level: 8739 has more cash than its total debt.
Reducing Debt: 8739's debt to equity ratio has reduced from 35.1% to 30.7% over the past 5 years.
Debt Coverage: 8739's debt is well covered by operating cash flow (48.3%).
Interest Coverage: 8739 earns more interest than it pays, so coverage of interest payments is not a concern.