SoftBank Balance Sheet Health
Financial Health criteria checks 3/6
SoftBank has a total shareholder equity of ¥3,845.1B and total debt of ¥6,471.9B, which brings its debt-to-equity ratio to 168.3%. Its total assets and total liabilities are ¥15,393.0B and ¥11,547.9B respectively. SoftBank's EBIT is ¥505.9B making its interest coverage ratio 18.6. It has cash and short-term investments of ¥2,376.9B.
Key information
168.3%
Debt to equity ratio
JP¥6.47t
Debt
Interest coverage ratio | 18.6x |
Cash | JP¥2.38t |
Equity | JP¥3.85t |
Total liabilities | JP¥11.55t |
Total assets | JP¥15.39t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOBK.Y's short term assets (¥5,327.7B) do not cover its short term liabilities (¥7,057.0B).
Long Term Liabilities: SOBK.Y's short term assets (¥5,327.7B) exceed its long term liabilities (¥4,490.9B).
Debt to Equity History and Analysis
Debt Level: SOBK.Y's net debt to equity ratio (106.5%) is considered high.
Reducing Debt: SOBK.Y's debt to equity ratio has reduced from 289.4% to 168.3% over the past 5 years.
Debt Coverage: SOBK.Y's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: SOBK.Y's interest payments on its debt are well covered by EBIT (18.6x coverage).