Advanex Balance Sheet Health
Financial Health criteria checks 3/6
Advanex has a total shareholder equity of ¥8.3B and total debt of ¥11.8B, which brings its debt-to-equity ratio to 141.9%. Its total assets and total liabilities are ¥28.5B and ¥20.2B respectively. Advanex's EBIT is ¥387.0M making its interest coverage ratio 1.3. It has cash and short-term investments of ¥5.2B.
Key information
141.9%
Debt to equity ratio
JP¥11.76b
Debt
Interest coverage ratio | 1.3x |
Cash | JP¥5.23b |
Equity | JP¥8.29b |
Total liabilities | JP¥20.17b |
Total assets | JP¥28.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5998's short term assets (¥15.0B) exceed its short term liabilities (¥13.0B).
Long Term Liabilities: 5998's short term assets (¥15.0B) exceed its long term liabilities (¥7.2B).
Debt to Equity History and Analysis
Debt Level: 5998's net debt to equity ratio (78.9%) is considered high.
Reducing Debt: 5998's debt to equity ratio has reduced from 164.5% to 141.9% over the past 5 years.
Debt Coverage: 5998's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: 5998's interest payments on its debt are not well covered by EBIT (1.3x coverage).