Striders Balance Sheet Health
Financial Health criteria checks 5/6
Striders has a total shareholder equity of ¥2.4B and total debt of ¥885.0M, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are ¥4.2B and ¥1.8B respectively. Striders's EBIT is ¥44.0M making its interest coverage ratio 4. It has cash and short-term investments of ¥1.5B.
Key information
37.1%
Debt to equity ratio
JP¥885.00m
Debt
| Interest coverage ratio | 4x |
| Cash | JP¥1.53b |
| Equity | JP¥2.39b |
| Total liabilities | JP¥1.81b |
| Total assets | JP¥4.19b |
Recent financial health updates
We Think Striders (TYO:9816) Can Stay On Top Of Its Debt
Mar 17
Is Striders (TYO:9816) Using Too Much Debt?
Nov 24Recent updates
Striders Corporation (TSE:9816) May Have Run Too Fast Too Soon With Recent 31% Price Plummet
Aug 06We Think Striders (TYO:9816) Can Stay On Top Of Its Debt
Mar 17Is Striders Corporation (TYO:9816) A Smart Choice For Dividend Investors?
Feb 11Are Striders Corporation's (TYO:9816) Mixed Financials Driving The Negative Sentiment?
Dec 25Is Striders (TYO:9816) Using Too Much Debt?
Nov 24Financial Position Analysis
Short Term Liabilities: 9816's short term assets (¥2.2B) exceed its short term liabilities (¥789.0M).
Long Term Liabilities: 9816's short term assets (¥2.2B) exceed its long term liabilities (¥1.0B).
Debt to Equity History and Analysis
Debt Level: 9816 has more cash than its total debt.
Reducing Debt: 9816's debt to equity ratio has reduced from 59.4% to 37.1% over the past 5 years.
Debt Coverage: 9816's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9816's interest payments on its debt are well covered by EBIT (4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 19:58 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Striders Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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