SOMAR Balance Sheet Health
Financial Health criteria checks 6/6
SOMAR has a total shareholder equity of ¥16.5B and total debt of ¥4.0B, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are ¥26.0B and ¥9.5B respectively. SOMAR's EBIT is ¥1.5B making its interest coverage ratio -18.8. It has cash and short-term investments of ¥6.4B.
Key information
24.3%
Debt to equity ratio
JP¥4.00b
Debt
Interest coverage ratio | -18.8x |
Cash | JP¥6.43b |
Equity | JP¥16.48b |
Total liabilities | JP¥9.49b |
Total assets | JP¥25.98b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8152's short term assets (¥19.5B) exceed its short term liabilities (¥5.2B).
Long Term Liabilities: 8152's short term assets (¥19.5B) exceed its long term liabilities (¥4.3B).
Debt to Equity History and Analysis
Debt Level: 8152 has more cash than its total debt.
Reducing Debt: 8152's debt to equity ratio has reduced from 28.2% to 24.3% over the past 5 years.
Debt Coverage: 8152's debt is well covered by operating cash flow (40.8%).
Interest Coverage: 8152 earns more interest than it pays, so coverage of interest payments is not a concern.