SAKURA Internet Balance Sheet Health
Financial Health criteria checks 6/6
SAKURA Internet has a total shareholder equity of ¥27.3B and total debt of ¥8.7B, which brings its debt-to-equity ratio to 31.8%. Its total assets and total liabilities are ¥52.4B and ¥25.2B respectively. SAKURA Internet's EBIT is ¥1.0B making its interest coverage ratio 5.6. It has cash and short-term investments of ¥23.3B.
Key information
31.8%
Debt to equity ratio
JP¥8.68b
Debt
| Interest coverage ratio | 5.6x |
| Cash | JP¥23.26b |
| Equity | JP¥27.26b |
| Total liabilities | JP¥25.15b |
| Total assets | JP¥52.41b |
Recent financial health updates
Here's Why SAKURA Internet (TSE:3778) Can Manage Its Debt Responsibly
Sep 20
SAKURA Internet (TSE:3778) Seems To Use Debt Quite Sensibly
Jun 17Recent updates
Here's Why SAKURA Internet (TSE:3778) Can Manage Its Debt Responsibly
Sep 20Revenues Not Telling The Story For SAKURA Internet Inc. (TSE:3778) After Shares Rise 33%
Sep 02Risks To Shareholder Returns Are Elevated At These Prices For SAKURA Internet Inc. (TSE:3778)
Jul 18SAKURA Internet (TSE:3778) Seems To Use Debt Quite Sensibly
Jun 17SAKURA Internet's (TSE:3778) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 03More Unpleasant Surprises Could Be In Store For SAKURA Internet Inc.'s (TSE:3778) Shares After Tumbling 28%
Apr 17SAKURA Internet Inc.'s (TSE:3778) 46% Price Boost Is Out Of Tune With Revenues
Feb 26Financial Position Analysis
Short Term Liabilities: 3778's short term assets (¥29.1B) exceed its short term liabilities (¥11.1B).
Long Term Liabilities: 3778's short term assets (¥29.1B) exceed its long term liabilities (¥14.0B).
Debt to Equity History and Analysis
Debt Level: 3778 has more cash than its total debt.
Reducing Debt: 3778's debt to equity ratio has reduced from 114.3% to 31.8% over the past 5 years.
Debt Coverage: 3778's debt is well covered by operating cash flow (33.2%).
Interest Coverage: 3778's interest payments on its debt are well covered by EBIT (5.6x coverage).