SRE Holdings Balance Sheet Health
Financial Health criteria checks 3/6
SRE Holdings has a total shareholder equity of ¥12.5B and total debt of ¥8.4B, which brings its debt-to-equity ratio to 67.6%. Its total assets and total liabilities are ¥24.0B and ¥11.6B respectively. SRE Holdings's EBIT is ¥2.2B making its interest coverage ratio 26.7. It has cash and short-term investments of ¥3.4B.
Key information
67.6%
Debt to equity ratio
JP¥8.42b
Debt
Interest coverage ratio | 26.7x |
Cash | JP¥3.36b |
Equity | JP¥12.46b |
Total liabilities | JP¥11.56b |
Total assets | JP¥24.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2980's short term assets (¥20.6B) exceed its short term liabilities (¥3.9B).
Long Term Liabilities: 2980's short term assets (¥20.6B) exceed its long term liabilities (¥7.7B).
Debt to Equity History and Analysis
Debt Level: 2980's net debt to equity ratio (40.6%) is considered high.
Reducing Debt: 2980's debt to equity ratio has increased from 0% to 67.6% over the past 5 years.
Debt Coverage: 2980's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: 2980's interest payments on its debt are well covered by EBIT (26.7x coverage).