Softmax Balance Sheet Health
Financial Health criteria checks 5/6
Softmax has a total shareholder equity of ¥3.1B and total debt of ¥1.3B, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are ¥6.4B and ¥3.4B respectively. Softmax's EBIT is ¥465.0M making its interest coverage ratio 116.3. It has cash and short-term investments of ¥3.4B.
Key information
43.4%
Debt to equity ratio
JP¥1.32b
Debt
Interest coverage ratio | 116.3x |
Cash | JP¥3.42b |
Equity | JP¥3.05b |
Total liabilities | JP¥3.36b |
Total assets | JP¥6.41b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3671's short term assets (¥4.6B) exceed its short term liabilities (¥2.7B).
Long Term Liabilities: 3671's short term assets (¥4.6B) exceed its long term liabilities (¥649.0M).
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 82.6% to 43.4% 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 (116.3x coverage).