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 ¥3.1B, which brings its debt-to-equity ratio to 73.2%. Its total assets and total liabilities are ¥15.2B and ¥10.9B respectively. Superbag Company's EBIT is ¥1.0B making its interest coverage ratio 26.5. It has cash and short-term investments of ¥2.3B.
Key information
73.2%
Debt to equity ratio
JP¥3.10b
Debt
| Interest coverage ratio | 26.5x |
| Cash | JP¥2.29b |
| Equity | JP¥4.23b |
| Total liabilities | JP¥10.95b |
| Total assets | JP¥15.18b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3945's short term assets (¥10.2B) exceed its short term liabilities (¥8.1B).
Long Term Liabilities: 3945's short term assets (¥10.2B) exceed its long term liabilities (¥2.9B).
Debt to Equity History and Analysis
Debt Level: 3945's net debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: 3945's debt to equity ratio has reduced from 141.5% to 73.2% over the past 5 years.
Debt Coverage: 3945's debt is well covered by operating cash flow (33.7%).
Interest Coverage: 3945's interest payments on its debt are well covered by EBIT (26.5x coverage).