SoftBank Balance Sheet Health
Financial Health criteria checks 4/6
SoftBank has a total shareholder equity of ¥3,912.1B and total debt of ¥6,642.0B, which brings its debt-to-equity ratio to 169.8%. Its total assets and total liabilities are ¥15,690.9B and ¥11,778.7B respectively. SoftBank's EBIT is ¥918.6B making its interest coverage ratio 12. It has cash and short-term investments of ¥1,906.9B.
Key information
169.8%
Debt to equity ratio
JP¥6.64t
Debt
| Interest coverage ratio | 12x |
| Cash | JP¥1.91t |
| Equity | JP¥3.91t |
| Total liabilities | JP¥11.78t |
| Total assets | JP¥15.69t |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 94346's short term assets (¥5,097.6B) do not cover its short term liabilities (¥6,950.2B).
Long Term Liabilities: 94346's short term assets (¥5,097.6B) exceed its long term liabilities (¥4,828.5B).
Debt to Equity History and Analysis
Debt Level: 94346's net debt to equity ratio (121%) is considered high.
Reducing Debt: 94346's debt to equity ratio has reduced from 314.9% to 169.8% over the past 5 years.
Debt Coverage: 94346's debt is well covered by operating cash flow (20.1%).
Interest Coverage: 94346's interest payments on its debt are well covered by EBIT (12x coverage).