Aica Kogyo Company Balance Sheet Health
Financial Health criteria checks 5/6
Aica Kogyo Company has a total shareholder equity of ¥188.3B and total debt of ¥29.0B, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are ¥283.7B and ¥95.4B respectively. Aica Kogyo Company's EBIT is ¥27.0B making its interest coverage ratio -31.9. It has cash and short-term investments of ¥62.6B.
Key information
15.4%
Debt to equity ratio
JP¥29.03b
Debt
| Interest coverage ratio | -31.9x |
| Cash | JP¥62.59b |
| Equity | JP¥188.30b |
| Total liabilities | JP¥95.37b |
| Total assets | JP¥283.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: R5Y's short term assets (¥176.0B) exceed its short term liabilities (¥59.1B).
Long Term Liabilities: R5Y's short term assets (¥176.0B) exceed its long term liabilities (¥36.2B).
Debt to Equity History and Analysis
Debt Level: R5Y has more cash than its total debt.
Reducing Debt: R5Y's debt to equity ratio has increased from 4.1% to 15.4% over the past 5 years.
Debt Coverage: R5Y's debt is well covered by operating cash flow (83.8%).
Interest Coverage: R5Y earns more interest than it pays, so coverage of interest payments is not a concern.