Adventure Balance Sheet Health
Financial Health criteria checks 6/6
Adventure has a total shareholder equity of ¥13.2B and total debt of ¥7.8B, which brings its debt-to-equity ratio to 59.3%. Its total assets and total liabilities are ¥30.3B and ¥17.1B respectively. Adventure's EBIT is ¥2.1B making its interest coverage ratio 19.9. It has cash and short-term investments of ¥18.3B.
Key information
59.3%
Debt to equity ratio
JP¥7.83b
Debt
Interest coverage ratio | 19.9x |
Cash | JP¥18.30b |
Equity | JP¥13.21b |
Total liabilities | JP¥17.13b |
Total assets | JP¥30.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6OQ's short term assets (¥24.8B) exceed its short term liabilities (¥9.5B).
Long Term Liabilities: 6OQ's short term assets (¥24.8B) exceed its long term liabilities (¥7.7B).
Debt to Equity History and Analysis
Debt Level: 6OQ has more cash than its total debt.
Reducing Debt: 6OQ's debt to equity ratio has reduced from 542.4% to 59.3% over the past 5 years.
Debt Coverage: 6OQ's debt is well covered by operating cash flow (24%).
Interest Coverage: 6OQ's interest payments on its debt are well covered by EBIT (19.9x coverage).