Sourcenext Balance Sheet Health
Financial Health criteria checks 5/6
Sourcenext has a total shareholder equity of ¥7.7B and total debt of ¥5.8B, which brings its debt-to-equity ratio to 75.4%. Its total assets and total liabilities are ¥16.6B and ¥9.0B respectively.
Key information
75.4%
Debt to equity ratio
JP¥5.79b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥3.54b |
| Equity | JP¥7.67b |
| Total liabilities | JP¥8.97b |
| Total assets | JP¥16.64b |
Recent financial health updates
Recent updates
Sourcenext Corporation (TSE:4344) Investors Are Less Pessimistic Than Expected
Oct 31
Sourcenext Corporation's (TSE:4344) 32% Share Price Plunge Could Signal Some Risk
Apr 22We Think Sourcenext (TSE:4344) Has A Fair Chunk Of Debt
Apr 04Optimistic Investors Push Sourcenext Corporation (TSE:4344) Shares Up 40% But Growth Is Lacking
Mar 08Financial Position Analysis
Short Term Liabilities: 4344's short term assets (¥9.4B) exceed its short term liabilities (¥7.3B).
Long Term Liabilities: 4344's short term assets (¥9.4B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 4344's net debt to equity ratio (29.3%) is considered satisfactory.
Reducing Debt: 4344's debt to equity ratio has increased from 10.2% to 75.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 4344 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 4344 has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 17.2% each year.