Aida Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Aida Engineering has a total shareholder equity of ¥80.4B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are ¥120.0B and ¥39.6B respectively. Aida Engineering's EBIT is ¥5.1B making its interest coverage ratio -11.1. It has cash and short-term investments of ¥30.2B.
Key information
3.8%
Debt to equity ratio
JP¥3.10b
Debt
| Interest coverage ratio | -11.1x |
| Cash | JP¥30.24b |
| Equity | JP¥80.44b |
| Total liabilities | JP¥39.56b |
| Total assets | JP¥120.00b |
Financial Position Analysis
Short Term Liabilities: 6118's short term assets (¥86.2B) exceed its short term liabilities (¥32.8B).
Long Term Liabilities: 6118's short term assets (¥86.2B) exceed its long term liabilities (¥6.8B).
Debt to Equity History and Analysis
Debt Level: 6118 has more cash than its total debt.
Reducing Debt: 6118's debt to equity ratio has reduced from 5.2% to 3.8% over the past 5 years.
Debt Coverage: 6118's debt is well covered by operating cash flow (113.5%).
Interest Coverage: 6118 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 02:34 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Aida Engineering, Ltd. is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Daiwa Securities Co. Ltd. |
| Yuichiro Isayama | Goldman Sachs |
| Naruhiko Takatsuji | Ichiyoshi Research Institute Inc. |