SmartDrive inc.

TSE:5137 Stock Report

Market Cap: JP¥7.4b

SmartDrive Balance Sheet Health

Financial Health criteria checks 6/6

SmartDrive has a total shareholder equity of ¥1.4B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 144.4%. Its total assets and total liabilities are ¥4.3B and ¥2.9B respectively. SmartDrive's EBIT is ¥373.0M making its interest coverage ratio 33.9. It has cash and short-term investments of ¥1.7B.

Key information

144.37%

Debt to equity ratio

JP¥1.95b

Debt

Interest coverage ratio33.9x
CashJP¥1.67b
EquityJP¥1.35b
Total liabilitiesJP¥2.94b
Total assetsJP¥4.29b

Recent financial health updates

Recent updates

Analysis Article May 22

Investors Shouldn't Be Too Comfortable With SmartDrive's (TSE:5137) Earnings

Investors were disappointed with SmartDrive inc.'s ( TSE:5137 ) earnings, despite the strong profit numbers. Our...
Analysis Article Jan 16

With EPS Growth And More, SmartDrive (TSE:5137) Makes An Interesting Case

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Nov 20

SmartDrive's (TSE:5137) Promising Earnings May Rest On Soft Foundations

SmartDrive inc. ( TSE:5137 ) just reported some strong earnings, and the market reacted accordingly with a healthy...
Analysis Article Nov 17

SmartDrive inc. (TSE:5137) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

SmartDrive inc. ( TSE:5137 ) shares have had a really impressive month, gaining 28% after a shaky period beforehand...
Analysis Article Nov 13

Is SmartDrive (TSE:5137) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Aug 20

Earnings Not Telling The Story For SmartDrive inc. (TSE:5137) After Shares Rise 29%

TSE:5137 1 Year Share Price vs Fair Value Explore SmartDrive's Fair Values from the Community and select yours The...
Analysis Article Jun 28

Is Now The Time To Put SmartDrive (TSE:5137) On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Nov 26

Shareholders In SmartDrive (TSE:5137) Should Look Beyond Earnings For The Full Story

Even though SmartDrive inc. ( TSE:5137 ) posted strong earnings recently, the stock hasn't reacted in a large way. We...
Analysis Article Nov 19

SmartDrive inc.'s (TSE:5137) P/S Still Appears To Be Reasonable

SmartDrive inc.'s ( TSE:5137 ) price-to-sales (or "P/S") ratio of 5.6x may look like a poor investment opportunity when...
Analysis Article Sep 23

Is SmartDrive (TSE:5137) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Aug 18

What You Can Learn From SmartDrive inc.'s (TSE:5137) P/S After Its 28% Share Price Crash

SmartDrive inc. ( TSE:5137 ) shares have had a horrible month, losing 28% after a relatively good period beforehand...
Analysis Article Mar 08

These 4 Measures Indicate That SmartDrive (TSE:5137) Is Using Debt Extensively

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Financial Position Analysis

Short Term Liabilities: 5137's short term assets (¥2.6B) exceed its short term liabilities (¥1.2B).

Long Term Liabilities: 5137's short term assets (¥2.6B) exceed its long term liabilities (¥1.7B).


Debt to Equity History and Analysis

Debt Level: 5137's net debt to equity ratio (21%) is considered satisfactory.

Reducing Debt: 5137's debt to equity ratio has reduced from 165.5% to 144.4% over the past 5 years.

Debt Coverage: 5137's debt is well covered by operating cash flow (31.8%).

Interest Coverage: 5137's interest payments on its debt are well covered by EBIT (33.9x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/10 09:53
End of Day Share Price 2026/06/10 00:00
Earnings2026/03/31
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SmartDrive inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nobuo KurahashiIchiyoshi Research Institute Inc.