SoftBank Balance Sheet Health
Financial Health criteria checks 3/6
SoftBank has a total shareholder equity of ¥3,935.6B and total debt of ¥6,320.9B, which brings its debt-to-equity ratio to 160.6%. Its total assets and total liabilities are ¥15,521.9B and ¥11,586.3B respectively. SoftBank's EBIT is ¥876.1B making its interest coverage ratio 18.1. It has cash and short-term investments of ¥2,222.6B.
Key information
160.6%
Debt to equity ratio
JP¥6.32t
Debt
| Interest coverage ratio | 18.1x |
| Cash | JP¥2.22t |
| Equity | JP¥3.94t |
| Total liabilities | JP¥11.59t |
| Total assets | JP¥15.52t |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9434's short term assets (¥5,268.0B) do not cover its short term liabilities (¥7,075.7B).
Long Term Liabilities: 9434's short term assets (¥5,268.0B) exceed its long term liabilities (¥4,510.6B).
Debt to Equity History and Analysis
Debt Level: 9434's net debt to equity ratio (104.1%) is considered high.
Reducing Debt: 9434's debt to equity ratio has reduced from 168.5% to 160.6% over the past 5 years.
Debt Coverage: 9434's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: 9434's interest payments on its debt are well covered by EBIT (18.1x coverage).