Soracom Balance Sheet Health
Financial Health criteria checks 6/6
Soracom has a total shareholder equity of ¥4.0B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥5.7B and ¥1.7B respectively. Soracom's EBIT is ¥102.0M making its interest coverage ratio 20.4. It has cash and short-term investments of ¥3.5B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | 20.4x |
Cash | JP¥3.53b |
Equity | JP¥3.96b |
Total liabilities | JP¥1.70b |
Total assets | JP¥5.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 147A's short term assets (¥5.1B) exceed its short term liabilities (¥1.6B).
Long Term Liabilities: 147A's short term assets (¥5.1B) exceed its long term liabilities (¥53.0M).
Debt to Equity History and Analysis
Debt Level: 147A is debt free.
Reducing Debt: 147A has not had any debt for past 5 years.
Debt Coverage: 147A has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 147A has no debt, therefore coverage of interest payments is not a concern.