Advanex Balance Sheet Health
Financial Health criteria checks 3/6
Advanex has a total shareholder equity of ¥7.7B and total debt of ¥11.9B, which brings its debt-to-equity ratio to 153.8%. Its total assets and total liabilities are ¥27.8B and ¥20.1B respectively. Advanex's EBIT is ¥461.0M making its interest coverage ratio 1.5. It has cash and short-term investments of ¥4.6B.
Key information
153.8%
Debt to equity ratio
JP¥11.90b
Debt
Interest coverage ratio | 1.5x |
Cash | JP¥4.57b |
Equity | JP¥7.74b |
Total liabilities | JP¥20.06b |
Total assets | JP¥27.80b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5998's short term assets (¥14.4B) exceed its short term liabilities (¥12.5B).
Long Term Liabilities: 5998's short term assets (¥14.4B) exceed its long term liabilities (¥7.5B).
Debt to Equity History and Analysis
Debt Level: 5998's net debt to equity ratio (94.7%) is considered high.
Reducing Debt: 5998's debt to equity ratio has reduced from 169.9% to 153.8% over the past 5 years.
Debt Coverage: 5998's debt is not well covered by operating cash flow (12.9%).
Interest Coverage: 5998's interest payments on its debt are not well covered by EBIT (1.5x coverage).