SPARX Group Balance Sheet Health
Financial Health criteria checks 6/6
SPARX Group has a total shareholder equity of ¥31.5B and total debt of ¥9.0B, which brings its debt-to-equity ratio to 28.5%. Its total assets and total liabilities are ¥45.6B and ¥14.1B respectively. SPARX Group's EBIT is ¥7.6B making its interest coverage ratio -17.9. It has cash and short-term investments of ¥16.7B.
Key information
28.5%
Debt to equity ratio
JP¥9.00b
Debt
| Interest coverage ratio | -17.9x |
| Cash | JP¥16.68b |
| Equity | JP¥31.54b |
| Total liabilities | JP¥14.08b |
| Total assets | JP¥45.61b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8739's short term assets (¥22.0B) exceed its short term liabilities (¥5.5B).
Long Term Liabilities: 8739's short term assets (¥22.0B) exceed its long term liabilities (¥8.6B).
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 35.6% to 28.5% over the past 5 years.
Debt Coverage: 8739's debt is well covered by operating cash flow (66.6%).
Interest Coverage: 8739 earns more interest than it pays, so coverage of interest payments is not a concern.