SRE Holdings Balance Sheet Health
Financial Health criteria checks 3/6
SRE Holdings has a total shareholder equity of ¥12.4B and total debt of ¥12.2B, which brings its debt-to-equity ratio to 98.9%. Its total assets and total liabilities are ¥26.9B and ¥14.6B respectively. SRE Holdings's EBIT is ¥2.1B making its interest coverage ratio 25.3. It has cash and short-term investments of ¥4.3B.
Key information
98.9%
Debt to equity ratio
JP¥12.24b
Debt
| Interest coverage ratio | 25.3x |
| Cash | JP¥4.34b |
| Equity | JP¥12.38b |
| Total liabilities | JP¥14.57b |
| Total assets | JP¥26.95b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2980's short term assets (¥23.6B) exceed its short term liabilities (¥4.5B).
Long Term Liabilities: 2980's short term assets (¥23.6B) exceed its long term liabilities (¥10.0B).
Debt to Equity History and Analysis
Debt Level: 2980's net debt to equity ratio (63.8%) is considered high.
Reducing Debt: Insufficient data to determine if 2980's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2980's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2980's interest payments on its debt are well covered by EBIT (25.3x coverage).