Amada Balance Sheet Health
Financial Health criteria checks 6/6
Amada has a total shareholder equity of ¥517.6B and total debt of ¥9.5B, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are ¥653.1B and ¥135.5B respectively. Amada's EBIT is ¥55.6B making its interest coverage ratio -28.6. It has cash and short-term investments of ¥110.4B.
Key information
1.8%
Debt to equity ratio
JP¥9.52b
Debt
Interest coverage ratio | -28.6x |
Cash | JP¥110.38b |
Equity | JP¥517.59b |
Total liabilities | JP¥135.52b |
Total assets | JP¥653.12b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6113's short term assets (¥403.2B) exceed its short term liabilities (¥118.0B).
Long Term Liabilities: 6113's short term assets (¥403.2B) exceed its long term liabilities (¥17.5B).
Debt to Equity History and Analysis
Debt Level: 6113 has more cash than its total debt.
Reducing Debt: 6113's debt to equity ratio has reduced from 4.4% to 1.8% over the past 5 years.
Debt Coverage: 6113's debt is well covered by operating cash flow (417.3%).
Interest Coverage: 6113 earns more interest than it pays, so coverage of interest payments is not a concern.