artience Balance Sheet Health
Financial Health criteria checks 5/6
artience has a total shareholder equity of ¥267.6B and total debt of ¥81.3B, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are ¥457.8B and ¥190.2B respectively. artience's EBIT is ¥20.1B making its interest coverage ratio 38.8. It has cash and short-term investments of ¥56.9B.
Key information
30.4%
Debt to equity ratio
JP¥81.34b
Debt
| Interest coverage ratio | 38.8x |
| Cash | JP¥56.92b |
| Equity | JP¥267.58b |
| Total liabilities | JP¥190.20b |
| Total assets | JP¥457.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TO5's short term assets (¥233.1B) exceed its short term liabilities (¥131.1B).
Long Term Liabilities: TO5's short term assets (¥233.1B) exceed its long term liabilities (¥59.1B).
Debt to Equity History and Analysis
Debt Level: TO5's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: TO5's debt to equity ratio has increased from 27.3% to 30.4% over the past 5 years.
Debt Coverage: TO5's debt is well covered by operating cash flow (40.6%).
Interest Coverage: TO5's interest payments on its debt are well covered by EBIT (38.8x coverage).