SMN Balance Sheet Health
Financial Health criteria checks 5/6
SMN has a total shareholder equity of ¥3.7B and total debt of ¥1.2B, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are ¥6.7B and ¥3.0B respectively. SMN's EBIT is ¥102.0M making its interest coverage ratio 12.8. It has cash and short-term investments of ¥2.4B.
Key information
33.7%
Debt to equity ratio
JP¥1.25b
Debt
Interest coverage ratio | 12.8x |
Cash | JP¥2.44b |
Equity | JP¥3.70b |
Total liabilities | JP¥2.97b |
Total assets | JP¥6.67b |
Financial Position Analysis
Short Term Liabilities: 6185's short term assets (¥4.8B) exceed its short term liabilities (¥1.8B).
Long Term Liabilities: 6185's short term assets (¥4.8B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: 6185 has more cash than its total debt.
Reducing Debt: 6185's debt to equity ratio has increased from 0% to 33.7% over the past 5 years.
Debt Coverage: 6185's debt is well covered by operating cash flow (41.7%).
Interest Coverage: 6185's interest payments on its debt are well covered by EBIT (12.8x coverage).