SOMAR Balance Sheet Health
Financial Health criteria checks 6/6
SOMAR has a total shareholder equity of ¥17.3B and total debt of ¥4.0B, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are ¥26.9B and ¥9.6B respectively. SOMAR's EBIT is ¥1.8B making its interest coverage ratio -18.5. It has cash and short-term investments of ¥6.3B.
Key information
23.2%
Debt to equity ratio
JP¥4.00b
Debt
Interest coverage ratio | -18.5x |
Cash | JP¥6.34b |
Equity | JP¥17.25b |
Total liabilities | JP¥9.61b |
Total assets | JP¥26.86b |
Recent financial health 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 (¥4.4B).
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% to 23.2% over the past 5 years.
Debt Coverage: 8152's debt is well covered by operating cash flow (57.6%).
Interest Coverage: 8152 earns more interest than it pays, so coverage of interest payments is not a concern.