Sharing Innovations Balance Sheet Health
Financial Health criteria checks 5/6
Sharing Innovations has a total shareholder equity of ¥1.5B and total debt of ¥240.0M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are ¥2.4B and ¥863.0M respectively. Sharing Innovations's EBIT is ¥229.0M making its interest coverage ratio 114.5. It has cash and short-term investments of ¥959.0M.
Key information
15.9%
Debt to equity ratio
JP¥240.00m
Debt
| Interest coverage ratio | 114.5x |
| Cash | JP¥959.00m |
| Equity | JP¥1.51b |
| Total liabilities | JP¥863.00m |
| Total assets | JP¥2.38b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4178's short term assets (¥1.7B) exceed its short term liabilities (¥678.0M).
Long Term Liabilities: 4178's short term assets (¥1.7B) exceed its long term liabilities (¥185.0M).
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 15.9% over the past 5 years.
Debt Coverage: 4178's debt is well covered by operating cash flow (106.3%).
Interest Coverage: 4178's interest payments on its debt are well covered by EBIT (114.5x coverage).