Amada Balance Sheet Health
Financial Health criteria checks 6/6
Amada has a total shareholder equity of ¥534.4B and total debt of ¥8.2B, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are ¥681.1B and ¥146.7B respectively. Amada's EBIT is ¥57.2B making its interest coverage ratio -59.5. It has cash and short-term investments of ¥126.4B.
Key information
1.5%
Debt to equity ratio
JP¥8.24b
Debt
Interest coverage ratio | -59.5x |
Cash | JP¥126.41b |
Equity | JP¥534.40b |
Total liabilities | JP¥146.66b |
Total assets | JP¥681.05b |
Recent financial health updates
Recent updates
Why Amada Co., Ltd. (TSE:6113) Could Be Worth Watching
Jun 21Amada (TSE:6113) Could Easily Take On More Debt
Jun 07Amada's (TSE:6113) Returns Have Hit A Wall
May 09Calculating The Fair Value Of Amada Co., Ltd. (TSE:6113)
Apr 21Amada (TSE:6113) Has Announced That It Will Be Increasing Its Dividend To ¥32.00
Mar 25Amada Co., Ltd.'s (TSE:6113) Shares Not Telling The Full Story
Mar 14Financial Position Analysis
Short Term Liabilities: 6113's short term assets (¥429.3B) exceed its short term liabilities (¥128.3B).
Long Term Liabilities: 6113's short term assets (¥429.3B) exceed its long term liabilities (¥18.3B).
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 2.2% to 1.5% over the past 5 years.
Debt Coverage: 6113's debt is well covered by operating cash flow (577.9%).
Interest Coverage: 6113 earns more interest than it pays, so coverage of interest payments is not a concern.