Sourcenext Balance Sheet Health
Financial Health criteria checks 3/6
Sourcenext has a total shareholder equity of ¥8.2B and total debt of ¥6.9B, which brings its debt-to-equity ratio to 83.2%. Its total assets and total liabilities are ¥17.4B and ¥9.1B respectively.
Key information
83.2%
Debt to equity ratio
JP¥6.86b
Debt
Interest coverage ratio | n/a |
Cash | JP¥4.06b |
Equity | JP¥8.25b |
Total liabilities | JP¥9.13b |
Total assets | JP¥17.38b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4344's short term assets (¥9.8B) exceed its short term liabilities (¥7.2B).
Long Term Liabilities: 4344's short term assets (¥9.8B) exceed its long term liabilities (¥2.0B).
Debt to Equity History and Analysis
Debt Level: 4344's net debt to equity ratio (34%) is considered satisfactory.
Reducing Debt: 4344's debt to equity ratio has increased from 12.9% to 83.2% over the past 5 years.
Debt Coverage: 4344's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 4344's interest payments on its debt are well covered by EBIT.