Sunny Side Up Group Balance Sheet Health
Financial Health criteria checks 6/6
Sunny Side Up Group has a total shareholder equity of ¥4.0B and total debt of ¥992.0M, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are ¥9.9B and ¥5.9B respectively. Sunny Side Up Group's EBIT is ¥1.4B making its interest coverage ratio 286.8. It has cash and short-term investments of ¥2.4B.
Key information
24.7%
Debt to equity ratio
JP¥992.00m
Debt
Interest coverage ratio | 286.8x |
Cash | JP¥2.42b |
Equity | JP¥4.02b |
Total liabilities | JP¥5.89b |
Total assets | JP¥9.92b |
Financial Position Analysis
Short Term Liabilities: 2180's short term assets (¥8.1B) exceed its short term liabilities (¥5.2B).
Long Term Liabilities: 2180's short term assets (¥8.1B) exceed its long term liabilities (¥702.0M).
Debt to Equity History and Analysis
Debt Level: 2180 has more cash than its total debt.
Reducing Debt: 2180's debt to equity ratio has reduced from 35.3% to 24.7% over the past 5 years.
Debt Coverage: 2180's debt is well covered by operating cash flow (110.5%).
Interest Coverage: 2180's interest payments on its debt are well covered by EBIT (286.8x coverage).