Anritsu Balance Sheet Health
Financial Health criteria checks 6/6
Anritsu has a total shareholder equity of ¥125.5B and total debt of ¥4.6B, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are ¥161.1B and ¥35.6B respectively. Anritsu's EBIT is ¥9.0B making its interest coverage ratio -9.3. It has cash and short-term investments of ¥45.7B.
Key information
3.7%
Debt to equity ratio
JP¥4.60b
Debt
Interest coverage ratio | -9.3x |
Cash | JP¥45.67b |
Equity | JP¥125.53b |
Total liabilities | JP¥35.56b |
Total assets | JP¥161.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AN1's short term assets (¥105.8B) exceed its short term liabilities (¥30.6B).
Long Term Liabilities: AN1's short term assets (¥105.8B) exceed its long term liabilities (¥5.0B).
Debt to Equity History and Analysis
Debt Level: AN1 has more cash than its total debt.
Reducing Debt: AN1's debt to equity ratio has reduced from 19.5% to 3.7% over the past 5 years.
Debt Coverage: AN1's debt is well covered by operating cash flow (360.4%).
Interest Coverage: AN1 earns more interest than it pays, so coverage of interest payments is not a concern.