ARE Holdings Balance Sheet Health
Financial Health criteria checks 4/6
ARE Holdings has a total shareholder equity of ¥129.8B and total debt of ¥196.2B, which brings its debt-to-equity ratio to 151.2%. Its total assets and total liabilities are ¥371.5B and ¥241.7B respectively. ARE Holdings's EBIT is ¥13.6B making its interest coverage ratio 2711.4. It has cash and short-term investments of ¥19.4B.
Key information
151.2%
Debt to equity ratio
JP¥196.20b
Debt
| Interest coverage ratio | 2711.4x |
| Cash | JP¥19.38b |
| Equity | JP¥129.78b |
| Total liabilities | JP¥241.68b |
| Total assets | JP¥371.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A19's short term assets (¥305.8B) exceed its short term liabilities (¥169.0B).
Long Term Liabilities: A19's short term assets (¥305.8B) exceed its long term liabilities (¥72.7B).
Debt to Equity History and Analysis
Debt Level: A19's net debt to equity ratio (136.3%) is considered high.
Reducing Debt: A19's debt to equity ratio has reduced from 160.4% to 151.2% over the past 5 years.
Debt Coverage: A19's debt is not well covered by operating cash flow (6.8%).
Interest Coverage: A19's interest payments on its debt are well covered by EBIT (2711.4x coverage).