Socionext Balance Sheet Health
Financial Health criteria checks 6/6
Socionext has a total shareholder equity of ¥137.9B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥177.8B and ¥39.9B respectively. Socionext's EBIT is ¥32.4B making its interest coverage ratio -67.9. It has cash and short-term investments of ¥74.0B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -67.9x |
| Cash | JP¥73.97b |
| Equity | JP¥137.93b |
| Total liabilities | JP¥39.91b |
| Total assets | JP¥177.84b |
Recent financial health updates
No updates
Recent updates
Socionext's (TSE:6526) Conservative Accounting Might Explain Soft Earnings
Nov 07
Under The Bonnet, Socionext's (TSE:6526) Returns Look Impressive
Sep 06Analyst Estimates: Here's What Brokers Think Of Socionext Inc. (TSE:6526) After Its First-Quarter Report
Aug 02Socionext Inc. (TSE:6526) Investors Are Less Pessimistic Than Expected
Jul 21Socionext Inc. (TSE:6526) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
Apr 08Socionext (TSE:6526) Has Announced That Its Dividend Will Be Reduced To ¥23.00
Mar 26Socionext (TSE:6526) Has Announced That Its Dividend Will Be Reduced To ¥23.00
Feb 26Financial Position Analysis
Short Term Liabilities: 6526's short term assets (¥132.3B) exceed its short term liabilities (¥37.4B).
Long Term Liabilities: 6526's short term assets (¥132.3B) exceed its long term liabilities (¥2.5B).
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.