SPARX Group Balance Sheet Health
Financial Health criteria checks 6/6
SPARX Group has a total shareholder equity of ¥31.4B and total debt of ¥9.0B, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are ¥46.1B and ¥14.7B respectively. SPARX Group's EBIT is ¥7.5B making its interest coverage ratio -19.1. It has cash and short-term investments of ¥22.3B.
Key information
28.6%
Debt to equity ratio
JP¥9.00b
Debt
Interest coverage ratio | -19.1x |
Cash | JP¥22.27b |
Equity | JP¥31.42b |
Total liabilities | JP¥14.69b |
Total assets | JP¥46.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRXX.F's short term assets (¥27.1B) exceed its short term liabilities (¥6.5B).
Long Term Liabilities: SRXX.F's short term assets (¥27.1B) exceed its long term liabilities (¥8.1B).
Debt to Equity History and Analysis
Debt Level: SRXX.F has more cash than its total debt.
Reducing Debt: SRXX.F's debt to equity ratio has reduced from 33.3% to 28.6% over the past 5 years.
Debt Coverage: SRXX.F's debt is well covered by operating cash flow (66.6%).
Interest Coverage: SRXX.F earns more interest than it pays, so coverage of interest payments is not a concern.