Advanex Balance Sheet Health
Financial Health criteria checks 3/6
Advanex has a total shareholder equity of ¥7.7B and total debt of ¥13.0B, which brings its debt-to-equity ratio to 168.1%. Its total assets and total liabilities are ¥28.2B and ¥20.5B respectively. Advanex's EBIT is ¥573.0M making its interest coverage ratio 1.9. It has cash and short-term investments of ¥5.0B.
Key information
168.1%
Debt to equity ratio
JP¥13.01b
Debt
| Interest coverage ratio | 1.9x |
| Cash | JP¥4.99b |
| Equity | JP¥7.74b |
| Total liabilities | JP¥20.45b |
| Total assets | JP¥28.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DCV's short term assets (¥15.1B) exceed its short term liabilities (¥13.9B).
Long Term Liabilities: DCV's short term assets (¥15.1B) exceed its long term liabilities (¥6.5B).
Debt to Equity History and Analysis
Debt Level: DCV's net debt to equity ratio (103.6%) is considered high.
Reducing Debt: DCV's debt to equity ratio has reduced from 194.7% to 168.1% over the past 5 years.
Debt Coverage: DCV's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: DCV's interest payments on its debt are not well covered by EBIT (1.9x coverage).