Solekia Balance Sheet Health
Financial Health criteria checks 4/6
Solekia has a total shareholder equity of ¥9.4B and total debt of ¥3.3B, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are ¥18.1B and ¥8.7B respectively. Solekia's EBIT is ¥1.6B making its interest coverage ratio 113.6. It has cash and short-term investments of ¥8.9B.
Key information
35.3%
Debt to equity ratio
JP¥3.33b
Debt
Interest coverage ratio | 113.6x |
Cash | JP¥8.92b |
Equity | JP¥9.44b |
Total liabilities | JP¥8.67b |
Total assets | JP¥18.11b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9867's short term assets (¥15.9B) exceed its short term liabilities (¥6.0B).
Long Term Liabilities: 9867's short term assets (¥15.9B) exceed its long term liabilities (¥2.6B).
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 18.1% to 35.3% over the past 5 years.
Debt Coverage: 9867's debt is not well covered by operating cash flow (18%).
Interest Coverage: 9867's interest payments on its debt are well covered by EBIT (113.6x coverage).