Speee Balance Sheet Health
Financial Health criteria checks 5/6
Speee has a total shareholder equity of ¥5.1B and total debt of ¥2.2B, which brings its debt-to-equity ratio to 42.7%. Its total assets and total liabilities are ¥10.4B and ¥5.2B respectively. Speee's EBIT is ¥250.0M making its interest coverage ratio 31.3. It has cash and short-term investments of ¥5.4B.
Key information
42.7%
Debt to equity ratio
JP¥2.20b
Debt
Interest coverage ratio | 31.3x |
Cash | JP¥5.44b |
Equity | JP¥5.14b |
Total liabilities | JP¥5.22b |
Total assets | JP¥10.36b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4499's short term assets (¥8.6B) exceed its short term liabilities (¥3.6B).
Long Term Liabilities: 4499's short term assets (¥8.6B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 4499 has more cash than its total debt.
Reducing Debt: 4499's debt to equity ratio has reduced from 132.2% to 42.7% over the past 5 years.
Debt Coverage: 4499's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4499's interest payments on its debt are well covered by EBIT (31.3x coverage).