SBS Holdings Balance Sheet Health
Financial Health criteria checks 4/6
SBS Holdings has a total shareholder equity of ¥105.3B and total debt of ¥110.7B, which brings its debt-to-equity ratio to 105.1%. Its total assets and total liabilities are ¥317.0B and ¥211.6B respectively. SBS Holdings's EBIT is ¥17.2B making its interest coverage ratio 23.8. It has cash and short-term investments of ¥37.6B.
Key information
105.1%
Debt to equity ratio
JP¥110.68b
Debt
Interest coverage ratio | 23.8x |
Cash | JP¥37.56b |
Equity | JP¥105.34b |
Total liabilities | JP¥211.64b |
Total assets | JP¥316.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2384's short term assets (¥163.3B) exceed its short term liabilities (¥106.5B).
Long Term Liabilities: 2384's short term assets (¥163.3B) exceed its long term liabilities (¥105.1B).
Debt to Equity History and Analysis
Debt Level: 2384's net debt to equity ratio (69.4%) is considered high.
Reducing Debt: 2384's debt to equity ratio has reduced from 149% to 105.1% over the past 5 years.
Debt Coverage: 2384's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: 2384's interest payments on its debt are well covered by EBIT (23.8x coverage).