Sharingtechnology Balance Sheet Health
Financial Health criteria checks 6/6
Sharingtechnology has a total shareholder equity of ¥3.4B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥5.5B and ¥2.1B respectively. Sharingtechnology's EBIT is ¥1.6B making its interest coverage ratio -814.5. It has cash and short-term investments of ¥3.4B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -814.5x |
| Cash | JP¥3.40b |
| Equity | JP¥3.42b |
| Total liabilities | JP¥2.12b |
| Total assets | JP¥5.54b |
Recent financial health updates
No updates
Recent updates
Sharingtechnology, Inc.'s (TSE:3989) 26% Price Boost Is Out Of Tune With Earnings
Aug 27
Do Sharingtechnology's (TSE:3989) Earnings Warrant Your Attention?
Aug 07Sharingtechnology, Inc. (TSE:3989) Held Back By Insufficient Growth Even After Shares Climb 25%
Jul 03Little Excitement Around Sharingtechnology, Inc.'s (TSE:3989) Earnings As Shares Take 28% Pounding
Mar 13Financial Position Analysis
Short Term Liabilities: 3989's short term assets (¥4.4B) exceed its short term liabilities (¥1.7B).
Long Term Liabilities: 3989's short term assets (¥4.4B) exceed its long term liabilities (¥375.0M).
Debt to Equity History and Analysis
Debt Level: 3989 is debt free.
Reducing Debt: 3989 has no debt compared to 5 years ago when its debt to equity ratio was 388.1%.
Debt Coverage: 3989 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3989 has no debt, therefore coverage of interest payments is not a concern.