Autobacs Seven Balance Sheet Health
Financial Health criteria checks 5/6
Autobacs Seven has a total shareholder equity of ¥129.2B and total debt of ¥6.0B, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are ¥194.9B and ¥65.8B respectively. Autobacs Seven's EBIT is ¥8.0B making its interest coverage ratio -66.8. It has cash and short-term investments of ¥31.3B.
Key information
4.7%
Debt to equity ratio
JP¥6.03b
Debt
Interest coverage ratio | -66.8x |
Cash | JP¥31.30b |
Equity | JP¥129.15b |
Total liabilities | JP¥65.80b |
Total assets | JP¥194.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AB6's short term assets (¥112.2B) exceed its short term liabilities (¥49.0B).
Long Term Liabilities: AB6's short term assets (¥112.2B) exceed its long term liabilities (¥16.8B).
Debt to Equity History and Analysis
Debt Level: AB6 has more cash than its total debt.
Reducing Debt: AB6's debt to equity ratio has increased from 3% to 4.7% over the past 5 years.
Debt Coverage: AB6's debt is well covered by operating cash flow (239.2%).
Interest Coverage: AB6 earns more interest than it pays, so coverage of interest payments is not a concern.