Soracom Balance Sheet Health
Financial Health criteria checks 6/6
Soracom has a total shareholder equity of ¥8.4B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥10.9B and ¥2.5B respectively. Soracom's EBIT is ¥727.0M making its interest coverage ratio 121.2. It has cash and short-term investments of ¥7.7B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | 121.2x |
| Cash | JP¥7.70b |
| Equity | JP¥8.40b |
| Total liabilities | JP¥2.51b |
| Total assets | JP¥10.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 147A's short term assets (¥10.1B) exceed its short term liabilities (¥2.5B).
Long Term Liabilities: 147A's short term assets (¥10.1B) 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.