Softmax Balance Sheet Health
Financial Health criteria checks 6/6
Softmax has a total shareholder equity of ¥3.2B and total debt of ¥1.0B, which brings its debt-to-equity ratio to 31.4%. Its total assets and total liabilities are ¥6.4B and ¥3.2B respectively. Softmax's EBIT is ¥597.0M making its interest coverage ratio 149.3. It has cash and short-term investments of ¥2.6B.
Key information
31.4%
Debt to equity ratio
JP¥1.02b
Debt
| Interest coverage ratio | 149.3x |
| Cash | JP¥2.63b |
| Equity | JP¥3.24b |
| Total liabilities | JP¥3.17b |
| Total assets | JP¥6.40b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3671's short term assets (¥4.5B) exceed its short term liabilities (¥2.5B).
Long Term Liabilities: 3671's short term assets (¥4.5B) exceed its long term liabilities (¥647.0M).
Debt to Equity History and Analysis
Debt Level: 3671 has more cash than its total debt.
Reducing Debt: 3671's debt to equity ratio has reduced from 91.2% to 31.4% over the past 5 years.
Debt Coverage: 3671's debt is well covered by operating cash flow (38.6%).
Interest Coverage: 3671's interest payments on its debt are well covered by EBIT (149.3x coverage).