Superbag Company Balance Sheet Health
Financial Health criteria checks 6/6
Superbag Company has a total shareholder equity of ¥4.2B and total debt of ¥3.4B, which brings its debt-to-equity ratio to 82.8%. Its total assets and total liabilities are ¥15.6B and ¥11.4B respectively. Superbag Company's EBIT is ¥1.0B making its interest coverage ratio 23.5. It has cash and short-term investments of ¥2.6B.
Key information
82.8%
Debt to equity ratio
JP¥3.44b
Debt
Interest coverage ratio | 23.5x |
Cash | JP¥2.58b |
Equity | JP¥4.15b |
Total liabilities | JP¥11.45b |
Total assets | JP¥15.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3945's short term assets (¥10.7B) exceed its short term liabilities (¥8.3B).
Long Term Liabilities: 3945's short term assets (¥10.7B) exceed its long term liabilities (¥3.1B).
Debt to Equity History and Analysis
Debt Level: 3945's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: 3945's debt to equity ratio has reduced from 138.4% to 82.8% over the past 5 years.
Debt Coverage: 3945's debt is well covered by operating cash flow (30.3%).
Interest Coverage: 3945's interest payments on its debt are well covered by EBIT (23.5x coverage).