Solasto Balance Sheet Health
Financial Health criteria checks 3/6
Solasto has a total shareholder equity of ¥21.5B and total debt of ¥22.3B, which brings its debt-to-equity ratio to 103.7%. Its total assets and total liabilities are ¥70.5B and ¥49.0B respectively. Solasto's EBIT is ¥6.7B making its interest coverage ratio 22.6. It has cash and short-term investments of ¥12.3B.
Key information
103.7%
Debt to equity ratio
JP¥22.33b
Debt
| Interest coverage ratio | 22.6x |
| Cash | JP¥12.31b |
| Equity | JP¥21.53b |
| Total liabilities | JP¥48.97b |
| Total assets | JP¥70.50b |
Recent financial health updates
No updates
Recent updates
Solasto (TSE:6197) Is Paying Out A Dividend Of ¥10.00
Dec 24
Solasto's (TSE:6197) Dividend Will Be ¥10.00
Dec 10Solasto's (TSE:6197) Dividend Will Be ¥10.00
Nov 26Investors Can Find Comfort In Solasto's (TSE:6197) Earnings Quality
Nov 19Here's What Analysts Are Forecasting For Solasto Corporation (TSE:6197) After Its Interim Results
Nov 14Why Investors Shouldn't Be Surprised By Solasto Corporation's (TSE:6197) 29% Share Price Surge
Sep 04Solasto (TSE:6197) Will Pay A Dividend Of ¥10.00
Aug 13There May Be Reason For Hope In Solasto's (TSE:6197) Disappointing Earnings
May 21Financial Position Analysis
Short Term Liabilities: 6197's short term assets (¥30.2B) exceed its short term liabilities (¥21.7B).
Long Term Liabilities: 6197's short term assets (¥30.2B) exceed its long term liabilities (¥27.3B).
Debt to Equity History and Analysis
Debt Level: 6197's net debt to equity ratio (46.6%) is considered high.
Reducing Debt: 6197's debt to equity ratio has increased from 90.6% to 103.7% over the past 5 years.
Debt Coverage: 6197's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: 6197's interest payments on its debt are well covered by EBIT (22.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 09:46 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Solasto Corporation is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kazue Yanagisawa | CLSA |
| Satoru Sekine | Daiwa Securities Co. Ltd. |
| Ei Kyoku | Daiwa Securities Co. Ltd. |