Scinex Balance Sheet Health
Financial Health criteria checks 4/6
Scinex has a total shareholder equity of ¥7.8B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 39.9%. Its total assets and total liabilities are ¥14.4B and ¥6.6B respectively. Scinex's EBIT is ¥588.0M making its interest coverage ratio 117.6. It has cash and short-term investments of ¥4.9B.
Key information
39.9%
Debt to equity ratio
JP¥3.12b
Debt
| Interest coverage ratio | 117.6x |
| Cash | JP¥4.93b |
| Equity | JP¥7.81b |
| Total liabilities | JP¥6.56b |
| Total assets | JP¥14.37b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2376's short term assets (¥6.9B) exceed its short term liabilities (¥2.2B).
Long Term Liabilities: 2376's short term assets (¥6.9B) exceed its long term liabilities (¥4.4B).
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 7.5% to 39.9% over the past 5 years.
Debt Coverage: 2376's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: 2376's interest payments on its debt are well covered by EBIT (117.6x coverage).