Softmax Balance Sheet Health
Financial Health criteria checks 5/6
Softmax has a total shareholder equity of ¥3.2B and total debt of ¥1.3B, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are ¥6.7B and ¥3.5B respectively. Softmax's EBIT is ¥581.0M making its interest coverage ratio 145.3. It has cash and short-term investments of ¥2.9B.
Key information
41.3%
Debt to equity ratio
JP¥1.33b
Debt
Interest coverage ratio | 145.3x |
Cash | JP¥2.92b |
Equity | JP¥3.22b |
Total liabilities | JP¥3.50b |
Total assets | JP¥6.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3671's short term assets (¥4.9B) exceed its short term liabilities (¥2.8B).
Long Term Liabilities: 3671's short term assets (¥4.9B) exceed its long term liabilities (¥654.0M).
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 81.3% to 41.3% over the past 5 years.
Debt Coverage: 3671's debt is not well covered by operating cash flow (17.5%).
Interest Coverage: 3671's interest payments on its debt are well covered by EBIT (145.3x coverage).