Secure Balance Sheet Health
Financial Health criteria checks 4/6
Secure has a total shareholder equity of ¥1.2B and total debt of ¥1.8B, which brings its debt-to-equity ratio to 143%. Its total assets and total liabilities are ¥4.1B and ¥2.9B respectively. Secure's EBIT is ¥288.0M making its interest coverage ratio 32. It has cash and short-term investments of ¥1.5B.
Key information
143.0%
Debt to equity ratio
JP¥1.75b
Debt
Interest coverage ratio | 32x |
Cash | JP¥1.49b |
Equity | JP¥1.23b |
Total liabilities | JP¥2.91b |
Total assets | JP¥4.14b |
Financial Position Analysis
Short Term Liabilities: 4264's short term assets (¥3.5B) exceed its short term liabilities (¥1.8B).
Long Term Liabilities: 4264's short term assets (¥3.5B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: 4264's net debt to equity ratio (21.8%) 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 (5.6%).
Interest Coverage: 4264's interest payments on its debt are well covered by EBIT (32x coverage).