Akatsuki Balance Sheet Health
Financial Health criteria checks 5/6
Akatsuki has a total shareholder equity of ¥34.2B and total debt of ¥9.2B, which brings its debt-to-equity ratio to 26.9%. Its total assets and total liabilities are ¥47.4B and ¥13.2B respectively. Akatsuki's EBIT is ¥2.9B making its interest coverage ratio -317. It has cash and short-term investments of ¥27.9B.
Key information
26.9%
Debt to equity ratio
JP¥9.20b
Debt
Interest coverage ratio | -317x |
Cash | JP¥27.92b |
Equity | JP¥34.25b |
Total liabilities | JP¥13.18b |
Total assets | JP¥47.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7QT's short term assets (¥34.6B) exceed its short term liabilities (¥5.5B).
Long Term Liabilities: 7QT's short term assets (¥34.6B) exceed its long term liabilities (¥7.7B).
Debt to Equity History and Analysis
Debt Level: 7QT has more cash than its total debt.
Reducing Debt: 7QT's debt to equity ratio has reduced from 31.7% to 26.9% over the past 5 years.
Debt Coverage: 7QT's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: 7QT earns more interest than it pays, so coverage of interest payments is not a concern.