Striders Balance Sheet Health
Financial Health criteria checks 6/6
Striders has a total shareholder equity of ¥2.5B and total debt of ¥1.2B, which brings its debt-to-equity ratio to 47.4%. Its total assets and total liabilities are ¥4.6B and ¥2.2B respectively. Striders's EBIT is ¥42.0M making its interest coverage ratio 3.5. It has cash and short-term investments of ¥2.2B.
Key information
47.4%
Debt to equity ratio
JP¥1.17b
Debt
| Interest coverage ratio | 3.5x |
| Cash | JP¥2.20b |
| Equity | JP¥2.46b |
| Total liabilities | JP¥2.18b |
| Total assets | JP¥4.64b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9816's short term assets (¥2.8B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 9816's short term assets (¥2.8B) 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 54.8% to 47.4% over the past 5 years.
Debt Coverage: 9816's debt is well covered by operating cash flow (28.4%).
Interest Coverage: 9816's interest payments on its debt are well covered by EBIT (3.5x coverage).