SOLXYZ Balance Sheet Health
Financial Health criteria checks 6/6
SOLXYZ has a total shareholder equity of ¥8.3B and total debt of ¥1.1B, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are ¥12.0B and ¥3.7B respectively. SOLXYZ's EBIT is ¥804.0M making its interest coverage ratio -14.9. It has cash and short-term investments of ¥4.6B.
Key information
12.7%
Debt to equity ratio
JP¥1.05b
Debt
| Interest coverage ratio | -14.9x |
| Cash | JP¥4.57b |
| Equity | JP¥8.30b |
| Total liabilities | JP¥3.66b |
| Total assets | JP¥11.96b |
Recent financial health updates
Recent updates
SOLXYZ (TSE:4284) Has Affirmed Its Dividend Of ¥12.00
Sep 26
SOLXYZ (TSE:4284) Has Announced A Dividend Of ¥12.00
Sep 05SOLXYZ's (TSE:4284) Soft Earnings Are Actually Better Than They Appear
Aug 22SOLXYZ (TSE:4284) Is Paying Out A Dividend Of ¥12.00
Aug 11SOLXYZ (TSE:4284) Has A Rock Solid Balance Sheet
Aug 07Financial Position Analysis
Short Term Liabilities: 4284's short term assets (¥7.7B) exceed its short term liabilities (¥2.9B).
Long Term Liabilities: 4284's short term assets (¥7.7B) exceed its long term liabilities (¥739.0M).
Debt to Equity History and Analysis
Debt Level: 4284 has more cash than its total debt.
Reducing Debt: 4284's debt to equity ratio has reduced from 34.3% to 12.7% over the past 5 years.
Debt Coverage: 4284's debt is well covered by operating cash flow (115.2%).
Interest Coverage: 4284 earns more interest than it pays, so coverage of interest payments is not a concern.