SmartDrive Balance Sheet Health
Financial Health criteria checks 4/6
SmartDrive has a total shareholder equity of ¥776.0M and total debt of ¥530.0M, which brings its debt-to-equity ratio to 68.3%. Its total assets and total liabilities are ¥1.9B and ¥1.1B respectively. SmartDrive's EBIT is ¥175.0M making its interest coverage ratio 43.8. It has cash and short-term investments of ¥817.0M.
Key information
68.3%
Debt to equity ratio
JP¥530.00m
Debt
| Interest coverage ratio | 43.8x |
| Cash | JP¥817.00m |
| Equity | JP¥776.00m |
| Total liabilities | JP¥1.09b |
| Total assets | JP¥1.86b |
Recent financial health updates
Is SmartDrive (TSE:5137) Using Too Much Debt?
Sep 23
These 4 Measures Indicate That SmartDrive (TSE:5137) Is Using Debt Extensively
Mar 08Recent updates
Financial Position Analysis
Short Term Liabilities: 5137's short term assets (¥1.5B) exceed its short term liabilities (¥555.0M).
Long Term Liabilities: 5137's short term assets (¥1.5B) exceed its long term liabilities (¥531.0M).
Debt to Equity History and Analysis
Debt Level: 5137 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 5137's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 5137's debt is not well covered by operating cash flow (8.7%).
Interest Coverage: 5137's interest payments on its debt are well covered by EBIT (43.8x coverage).