ABC-MartInc Balance Sheet Health
Financial Health criteria checks 6/6
ABC-MartInc has a total shareholder equity of ¥362.1B and total debt of ¥2.9B, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ¥417.7B and ¥55.6B respectively. ABC-MartInc's EBIT is ¥60.4B making its interest coverage ratio -47.1. It has cash and short-term investments of ¥197.0B.
Key information
0.8%
Debt to equity ratio
JP¥2.92b
Debt
| Interest coverage ratio | -47.1x |
| Cash | JP¥197.05b |
| Equity | JP¥362.11b |
| Total liabilities | JP¥55.61b |
| Total assets | JP¥417.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5B8's short term assets (¥316.6B) exceed its short term liabilities (¥54.0B).
Long Term Liabilities: 5B8's short term assets (¥316.6B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 5B8 has more cash than its total debt.
Reducing Debt: 5B8's debt to equity ratio has reduced from 1.2% to 0.8% over the past 5 years.
Debt Coverage: 5B8's debt is well covered by operating cash flow (2156%).
Interest Coverage: 5B8 earns more interest than it pays, so coverage of interest payments is not a concern.