Scinex Balance Sheet Health
Financial Health criteria checks 4/6
Scinex has a total shareholder equity of ¥7.9B and total debt of ¥3.2B, which brings its debt-to-equity ratio to 41.2%. Its total assets and total liabilities are ¥14.9B and ¥7.1B respectively. Scinex's EBIT is ¥504.0M making its interest coverage ratio -252. It has cash and short-term investments of ¥5.4B.
Key information
41.2%
Debt to equity ratio
JP¥3.24b
Debt
Interest coverage ratio | -252x |
Cash | JP¥5.42b |
Equity | JP¥7.86b |
Total liabilities | JP¥7.08b |
Total assets | JP¥14.94b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2376's short term assets (¥7.6B) exceed its short term liabilities (¥2.6B).
Long Term Liabilities: 2376's short term assets (¥7.6B) exceed its long term liabilities (¥4.5B).
Debt to Equity History and Analysis
Debt Level: 2376 has more cash than its total debt.
Reducing Debt: 2376's debt to equity ratio has increased from 7.1% to 41.2% over the past 5 years.
Debt Coverage: 2376's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: 2376 earns more interest than it pays, so coverage of interest payments is not a concern.