Avex Balance Sheet Health
Financial Health criteria checks 5/6
Avex has a total shareholder equity of ¥53.6B and total debt of ¥4.0M, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are ¥108.2B and ¥54.6B respectively.
Key information
0.007%
Debt to equity ratio
JP¥4.00m
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥45.80b |
| Equity | JP¥53.57b |
| Total liabilities | JP¥54.59b |
| Total assets | JP¥108.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AX8's short term assets (¥82.6B) exceed its short term liabilities (¥52.3B).
Long Term Liabilities: AX8's short term assets (¥82.6B) exceed its long term liabilities (¥2.3B).
Debt to Equity History and Analysis
Debt Level: AX8 has more cash than its total debt.
Reducing Debt: AX8's debt to equity ratio has reduced from 47.1% to 0.01% over the past 5 years.
Debt Coverage: AX8's debt is well covered by operating cash flow (19325%).
Interest Coverage: Insufficient data to determine if AX8's interest payments on its debt are well covered by EBIT.