Showcase Balance Sheet Health
Financial Health criteria checks 4/6
Showcase has a total shareholder equity of ¥1.3B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 139.7%. Its total assets and total liabilities are ¥3.6B and ¥2.3B respectively.
Key information
139.7%
Debt to equity ratio
JP¥1.88b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥1.14b |
| Equity | JP¥1.34b |
| Total liabilities | JP¥2.28b |
| Total assets | JP¥3.63b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3909's short term assets (¥2.7B) exceed its short term liabilities (¥1.4B).
Long Term Liabilities: 3909's short term assets (¥2.7B) exceed its long term liabilities (¥904.0M).
Debt to Equity History and Analysis
Debt Level: 3909's net debt to equity ratio (54.7%) is considered high.
Reducing Debt: 3909's debt to equity ratio has increased from 104.4% to 139.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 3909 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 3909 has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 55.9% each year.