Secure Balance Sheet Health
Financial Health criteria checks 4/6
Secure has a total shareholder equity of ¥1.0B and total debt of ¥873.0M, which brings its debt-to-equity ratio to 85.4%. Its total assets and total liabilities are ¥2.7B and ¥1.7B respectively. Secure's EBIT is ¥188.0M making its interest coverage ratio 26.9. It has cash and short-term investments of ¥808.0M.
Key information
85.4%
Debt to equity ratio
JP¥873.00m
Debt
| Interest coverage ratio | 26.9x |
| Cash | JP¥808.00m |
| Equity | JP¥1.02b |
| Total liabilities | JP¥1.73b |
| Total assets | JP¥2.75b |
Financial Position Analysis
Short Term Liabilities: 4264's short term assets (¥2.4B) exceed its short term liabilities (¥1.2B).
Long Term Liabilities: 4264's short term assets (¥2.4B) exceed its long term liabilities (¥530.0M).
Debt to Equity History and Analysis
Debt Level: 4264's net debt to equity ratio (6.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 4264's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 4264's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: 4264's interest payments on its debt are well covered by EBIT (26.9x coverage).