ANEST IWATA Balance Sheet Health
Financial Health criteria checks 6/6
ANEST IWATA has a total shareholder equity of ¥50.1B and total debt of ¥1.2B, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are ¥66.1B and ¥16.1B respectively. ANEST IWATA's EBIT is ¥6.2B making its interest coverage ratio -35.5. It has cash and short-term investments of ¥16.9B.
Key information
2.4%
Debt to equity ratio
JP¥1.19b
Debt
Interest coverage ratio | -35.5x |
Cash | JP¥16.93b |
Equity | JP¥50.07b |
Total liabilities | JP¥16.07b |
Total assets | JP¥66.14b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6381's short term assets (¥40.6B) exceed its short term liabilities (¥12.8B).
Long Term Liabilities: 6381's short term assets (¥40.6B) exceed its long term liabilities (¥3.3B).
Debt to Equity History and Analysis
Debt Level: 6381 has more cash than its total debt.
Reducing Debt: 6381's debt to equity ratio has reduced from 5% to 2.4% over the past 5 years.
Debt Coverage: 6381's debt is well covered by operating cash flow (456.5%).
Interest Coverage: 6381 earns more interest than it pays, so coverage of interest payments is not a concern.