SBCWW maintains a conservative capital structure, evidenced by a low 0.08 debt-to-equity ratio and a strong current ratio of 3.82 as of 2026Q1.
| Total Current Assets | 238.78M | 231.22M | 184.45M | 165.91M | 112.95M |
| Cash & Short-Term Investments | 167.31M | 164.09M | 125.04M | 103.02M | 53.64M |
| Cash Only | 167.31M | 163.77M | 125.04M | 103.02M | 51.74M |
| Short-Term Investments | 0 | 319.19K | 0 | 0 | 1.91M |
| Accounts Receivable | 13.09M | 52.61M | 48.19M | 53.13M | 43.65M |
| Days Sales Outstanding | 120.03 | 110.62 | 85.63 | 100.2 | 91.47 |
| Inventory | 2.32M | 2.79M | 1.49M | 3.09M | 1.35M |
| Days Inventory Outstanding | 40.84 | 22 | 11.05 | 20.06 | 8.31 |
| Other Current Assets | 56.06M | 11.72M | 25.54K | 162.12K | 37.23K |
| Total Non-Current Assets | 149.24M | 149.22M | 81.63M | 92.9M | 112.53M |
| Property, Plant & Equipment | 18.76M | 16.36M | 14.04M | 19.5M | 21.51M |
| Fixed Asset Turnover | 11.17x | 10.61x | 14.63x | 9.92x | 8.10x |
| Goodwill | 15.4M | 15.43M | 4.61M | 3.59M | 3.87M |
| Intangible Assets | 47.15M | 47.74M | 1.59M | 19.74M | 7.27M |
| Long-Term Investments | 128.06M | 58.02M | 20.87M | 20.66M | 916.03K |
| Other Non-Current Assets | 61.75M | 7.66M | 30.72M | 29.41M | 73.7M |
| Total Assets | 388.02M | 380.45M | 266.08M | 258.81M | 225.48M |
| Asset Turnover | 0.48x | 0.46x | 0.77x | 0.75x | 0.77x |
| Asset Growth % | 1602.49% | 42.98% | 2.81% | 14.78% | - |
| Total Current Liabilities | 62.57M | 61.12M | 61.19M | 92.45M | 101.25M |
| Accounts Payable | 19.17M | 17.64M | 14.53M | 26.53M | 15.32M |
| Days Payables Outstanding | 140.21 | 138.99 | 107.46 | 172.2 | 94.26 |
| Short-Term Debt | 14.63M | 13.65M | 123.08K | 3.53M | 4.76M |
| Deferred Revenue (Current) | 29.31M | 9.47M | 12.56M | 25.13M | 30.44M |
| Other Current Liabilities | 27.76M | 11.54M | 227.89K | 832.52K | 25.2M |
| Current Ratio | 3.82x | 3.78x | 3.01x | 1.79x | 1.12x |
| Quick Ratio | 3.78x | 3.74x | 2.99x | 1.76x | 1.10x |
| Cash Conversion Cycle | 20.66 | -6.37 | -10.78 | -51.94 | 5.52 |
| Total Non-Current Liabilities | 55.07M | 56.02M | 9.87M | 22.54M | 16.38M |
| Long-Term Debt | 5.83M | 33.73M | 6.51M | 13.01M | 5.53M |
| Capital Lease Obligations | 7.33M | 4.25M | 1.24M | 2.44M | 2.36M |
| Deferred Tax Liabilities | 40.71M | 16.37M | 926.02K | 6.01M | 7.34M |
| Other Non-Current Liabilities | 33.03M | 1.66M | 1.19M | 1.07M | 1.15M |
| Total Liabilities | 117.64M | 117.14M | 71.06M | 115M | 117.63M |
| Total Debt | 20.45M | 51.64M | 12.21M | 22.87M | 16.13M |
| Net Debt | -146.85M | -112.14M | -112.83M | -80.16M | -35.61M |
| Debt / Equity | 0.08x | 0.20x | 0.06x | 0.16x | 0.15x |
| Debt / EBITDA | 0.32x | 0.74x | 0.16x | 0.28x | 0.62x |
| Net Debt / EBITDA | -2.30x | -1.60x | -1.52x | -0.97x | -1.37x |
| Interest Coverage | 254.43x | 512.05x | 2596.61x | 1625.56x | 754.05x |
| Total Equity | 270.38M | 263.3M | 195.02M | 143.81M | 107.85M |
| Equity Growth % | 2196.03% | 35.01% | 35.61% | 33.34% | - |
| Book Value per Share | 2.64 | 2.56 | 2.02 | 1.53 | 7.16 |
| Total Shareholders' Equity | 255.34M | 248.28M | 195.11M | 142.16M | 105.25M |
| Common Stock | 10.39K | 10.39K | 10.3K | 9.42K | 0 |
| Retained Earnings | 251.76M | 240.45M | 189.46M | 142.85M | 103.48M |
| Treasury Stock | 0 | -7.75M | -2.7M | 0 | 0 |
| Accumulated OCI | -61.54M | -57.29M | -54.18M | -37.58M | -24.85M |
| Minority Interest | 15.04M | 15.02M | -87K | 1.65M | 2.6M |
Geographic and Regulatory Concentration
According to recent financial statements, SBCWW's total assets have grown to $388.0M as of 2026Q1, yet this expansion appears decoupled from the underlying revenue decline, suggesting that the firm is accumulating capital rather than deploying it into high-growth operational assets to reverse the current top-line trend.
The divergence between rising asset levels and contracting revenue warrants investigation into whether the company is effectively utilizing its capital base. Investors should monitor if this asset accumulation is a strategic buffer for future M&A or a sign of diminishing returns on internal reinvestment.
Based on reported figures, the company maintains a strong liquidity position with a current ratio of 3.82 in 2026Q1, supported by $167.3M in cash, which provides a substantial safety net against the operational volatility and revenue contraction observed in recent quarterly filings.
This high liquidity profile suggests the firm is well-positioned to navigate short-term economic headwinds or regulatory shifts in the Japanese market. However, the significant cash balance may also indicate a lack of immediate, high-return opportunities to deploy capital within the current franchise ecosystem.
As reported in recent filings, SBCWW maintains a conservative capital structure with a debt-to-equity ratio of 0.08 in 2026Q1, reflecting a strategic reliance on internal cash generation rather than external financing to fund its ongoing operations and infrastructure development across the franchisee network.
The minimal debt load suggests that the company is not currently exposed to significant interest rate risk or refinancing pressures. This low leverage profile appears to be a deliberate choice, potentially preserving the firm's ability to take on debt for future strategic initiatives if necessary.
Based on the company's balance sheet data, equity has steadily increased to $255.3M by 2026Q1, primarily driven by the accumulation of $251.8M in retained earnings, which indicates that the firm has historically been successful in reinvesting profits back into the business to strengthen its net worth.
The consistent growth in retained earnings suggests a history of profitable operations, though the recent revenue contraction may challenge the sustainability of this trend. Analysts should evaluate whether future equity growth will continue to be supported by organic earnings or if external factors will necessitate a shift in capital allocation.
As indicated by the latest quarterly data, the company's asset base includes $15.4M in goodwill, which warrants careful monitoring as it may represent potential impairment risk if the core franchise management model fails to maintain its competitive moat in the face of ongoing revenue declines.
While the current goodwill figure is relatively small, any significant deterioration in the performance of acquired assets or franchisee relationships could lead to non-cash write-downs. Investors should remain cautious about the quality of these intangible assets and their sensitivity to the broader Japanese aesthetic market environment.
Quick answers to the most common questions about buying SBCWW stock.
As of 2025, SBC Medical Group Holdings Incorporated (SBCWW) had total assets of $380.4M including $231.2M in current assets.
SBC Medical Group Holdings Incorporated (SBCWW) carries total debt of $51.6M, offset by $164.1M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
SBC Medical Group Holdings Incorporated (SBCWW) has total shareholders' equity (book value) of $248.3M ($2.56 book value per share). Book value represents the net worth of the company belonging to common stock holders.
SBC Medical Group Holdings Incorporated (SBCWW) reported a current ratio of 3.78x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.