Socionext Balance Sheet Health
Financial Health criteria checks 6/6
Socionext has a total shareholder equity of ¥131.0B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥186.8B and ¥55.8B respectively. Socionext's EBIT is ¥35.5B making its interest coverage ratio -92.5. It has cash and short-term investments of ¥69.7B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -92.5x |
| Cash | JP¥69.74b |
| Equity | JP¥131.02b |
| Total liabilities | JP¥55.82b |
| Total assets | JP¥186.84b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6526's short term assets (¥138.9B) exceed its short term liabilities (¥53.1B).
Long Term Liabilities: 6526's short term assets (¥138.9B) exceed its long term liabilities (¥2.7B).
Debt to Equity History and Analysis
Debt Level: 6526 is debt free.
Reducing Debt: 6526 has not had any debt for past 5 years.
Debt Coverage: 6526 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6526 has no debt, therefore coverage of interest payments is not a concern.