Solekia Balance Sheet Health
Financial Health criteria checks 5/6
Solekia has a total shareholder equity of ¥10.4B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 29.5%. Its total assets and total liabilities are ¥18.8B and ¥8.4B respectively. Solekia's EBIT is ¥1.8B making its interest coverage ratio 164.8. It has cash and short-term investments of ¥9.1B.
Key information
29.5%
Debt to equity ratio
JP¥3.08b
Debt
| Interest coverage ratio | 164.8x |
| Cash | JP¥9.07b |
| Equity | JP¥10.43b |
| Total liabilities | JP¥8.40b |
| Total assets | JP¥18.84b |
Recent financial health updates
Recent updates
It's A Story Of Risk Vs Reward With Solekia Limited (TSE:9867)
Aug 06
We Think Solekia's (TSE:9867) Profit Is Only A Baseline For What They Can Achieve
May 21Solekia (TYO:9867) Seems To Use Debt Rather Sparingly
Mar 17How Does Solekia Limited (TYO:9867) Stand Up To These Simple Dividend Safety Checks?
Feb 11Did You Participate In Any Of Solekia's (TYO:9867) Fantastic 293% Return ?
Dec 31
Financial Position Analysis
Short Term Liabilities: 9867's short term assets (¥16.5B) exceed its short term liabilities (¥6.0B).
Long Term Liabilities: 9867's short term assets (¥16.5B) exceed its long term liabilities (¥2.4B).
Debt to Equity History and Analysis
Debt Level: 9867 has more cash than its total debt.
Reducing Debt: 9867's debt to equity ratio has increased from 16.3% to 29.5% over the past 5 years.
Debt Coverage: 9867's debt is well covered by operating cash flow (45.1%).
Interest Coverage: 9867's interest payments on its debt are well covered by EBIT (164.8x coverage).