SmartDrive Balance Sheet Health
Financial Health criteria checks 3/6
SmartDrive has a total shareholder equity of ¥482.0M and total debt of ¥530.0M, which brings its debt-to-equity ratio to 110%. Its total assets and total liabilities are ¥1.6B and ¥1.1B respectively. SmartDrive's EBIT is ¥11.0M making its interest coverage ratio 2.8. It has cash and short-term investments of ¥907.0M.
Key information
110.0%
Debt to equity ratio
JP¥530.00m
Debt
Interest coverage ratio | 2.8x |
Cash | JP¥907.00m |
Equity | JP¥482.00m |
Total liabilities | JP¥1.09b |
Total assets | JP¥1.57b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 5137's short term assets (¥1.4B) exceed its short term liabilities (¥554.0M).
Long Term Liabilities: 5137's short term assets (¥1.4B) 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 operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 5137's interest payments on its debt are not well covered by EBIT (2.8x coverage).