SoftBank Group Balance Sheet Health
Financial Health criteria checks 1/6
SoftBank Group has a total shareholder equity of ¥11,712.6B and total debt of ¥20,125.1B, which brings its debt-to-equity ratio to 171.8%. Its total assets and total liabilities are ¥44,983.8B and ¥33,271.1B respectively. SoftBank Group's EBIT is ¥516.3B making its interest coverage ratio 1.6. It has cash and short-term investments of ¥6,163.7B.
Key information
171.8%
Debt to equity ratio
JP¥20.13t
Debt
Interest coverage ratio | 1.6x |
Cash | JP¥6.16t |
Equity | JP¥11.71t |
Total liabilities | JP¥33.27t |
Total assets | JP¥44.98t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9984's short term assets (¥10,927.1B) do not cover its short term liabilities (¥12,088.8B).
Long Term Liabilities: 9984's short term assets (¥10,927.1B) do not cover its long term liabilities (¥21,182.3B).
Debt to Equity History and Analysis
Debt Level: 9984's net debt to equity ratio (119.2%) is considered high.
Reducing Debt: 9984's debt to equity ratio has reduced from 183.6% to 171.8% over the past 5 years.
Debt Coverage: 9984's debt is not well covered by operating cash flow (0.8%).
Interest Coverage: 9984's interest payments on its debt are not well covered by EBIT (1.6x coverage).