SOLXYZ Balance Sheet Health
Financial Health criteria checks 6/6
SOLXYZ has a total shareholder equity of ¥8.0B and total debt of ¥930.0M, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are ¥11.9B and ¥3.9B respectively. SOLXYZ's EBIT is ¥999.0M making its interest coverage ratio -47.6. It has cash and short-term investments of ¥4.6B.
Key information
11.6%
Debt to equity ratio
JP¥930.00m
Debt
| Interest coverage ratio | -47.6x |
| Cash | JP¥4.60b |
| Equity | JP¥8.04b |
| Total liabilities | JP¥3.86b |
| Total assets | JP¥11.91b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4284's short term assets (¥7.7B) exceed its short term liabilities (¥3.1B).
Long Term Liabilities: 4284's short term assets (¥7.7B) exceed its long term liabilities (¥779.0M).
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 34.4% to 11.6% over the past 5 years.
Debt Coverage: 4284's debt is well covered by operating cash flow (149%).
Interest Coverage: 4284 earns more interest than it pays, so coverage of interest payments is not a concern.