SBS Holdings Balance Sheet Health
Financial Health criteria checks 4/6
SBS Holdings has a total shareholder equity of ¥108.5B and total debt of ¥102.9B, which brings its debt-to-equity ratio to 94.9%. Its total assets and total liabilities are ¥305.1B and ¥196.7B respectively. SBS Holdings's EBIT is ¥16.1B making its interest coverage ratio 19.5. It has cash and short-term investments of ¥27.1B.
Key information
94.9%
Debt to equity ratio
JP¥102.92b
Debt
| Interest coverage ratio | 19.5x |
| Cash | JP¥27.13b |
| Equity | JP¥108.46b |
| Total liabilities | JP¥196.68b |
| Total assets | JP¥305.13b |
Recent financial health updates
Recent updates
SBS Holdings (TSE:2384) Will Pay A Larger Dividend Than Last Year At ¥70.00
Nov 17
Is SBS Holdings (TSE:2384) A Risky Investment?
Sep 18SBS Holdings' (TSE:2384) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 25Some May Be Optimistic About SBS Holdings' (TSE:2384) Earnings
Aug 21SBS Holdings (TSE:2384) Has Announced That It Will Be Increasing Its Dividend To ¥70.00
Aug 11Financial Position Analysis
Short Term Liabilities: 2384's short term assets (¥149.3B) exceed its short term liabilities (¥102.4B).
Long Term Liabilities: 2384's short term assets (¥149.3B) exceed its long term liabilities (¥94.3B).
Debt to Equity History and Analysis
Debt Level: 2384's net debt to equity ratio (69.9%) is considered high.
Reducing Debt: 2384's debt to equity ratio has reduced from 143.8% to 94.9% over the past 5 years.
Debt Coverage: 2384's debt is not well covered by operating cash flow (1.4%).
Interest Coverage: 2384's interest payments on its debt are well covered by EBIT (19.5x coverage).