Simplex Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Simplex Holdings has a total shareholder equity of ¥47.1B and total debt of ¥16.9B, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are ¥79.2B and ¥32.2B respectively. Simplex Holdings's EBIT is ¥8.9B making its interest coverage ratio 69.1. It has cash and short-term investments of ¥13.7B.
Key information
35.9%
Debt to equity ratio
JP¥16.91b
Debt
| Interest coverage ratio | 69.1x |
| Cash | JP¥13.73b |
| Equity | JP¥47.09b |
| Total liabilities | JP¥32.16b |
| Total assets | JP¥79.25b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4373's short term assets (¥25.6B) do not cover its short term liabilities (¥27.9B).
Long Term Liabilities: 4373's short term assets (¥25.6B) exceed its long term liabilities (¥4.2B).
Debt to Equity History and Analysis
Debt Level: 4373's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: 4373's debt to equity ratio has reduced from 69.1% to 35.9% over the past 5 years.
Debt Coverage: 4373's debt is well covered by operating cash flow (49.3%).
Interest Coverage: 4373's interest payments on its debt are well covered by EBIT (69.1x coverage).