Sharing Innovations Balance Sheet Health
Financial Health criteria checks 4/6
Sharing Innovations has a total shareholder equity of ¥1.5B and total debt of ¥481.0M, which brings its debt-to-equity ratio to 32.5%. Its total assets and total liabilities are ¥2.6B and ¥1.1B respectively. Sharing Innovations's EBIT is ¥169.0M making its interest coverage ratio 169. It has cash and short-term investments of ¥1.1B.
Key information
32.5%
Debt to equity ratio
JP¥481.00m
Debt
Interest coverage ratio | 169x |
Cash | JP¥1.09b |
Equity | JP¥1.48b |
Total liabilities | JP¥1.10b |
Total assets | JP¥2.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4178's short term assets (¥1.9B) exceed its short term liabilities (¥903.0M).
Long Term Liabilities: 4178's short term assets (¥1.9B) exceed its long term liabilities (¥194.0M).
Debt to Equity History and Analysis
Debt Level: 4178 has more cash than its total debt.
Reducing Debt: 4178's debt to equity ratio has increased from 0% to 32.5% over the past 5 years.
Debt Coverage: 4178's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: 4178's interest payments on its debt are well covered by EBIT (169x coverage).