AeroEdge Balance Sheet Health
Financial Health criteria checks 5/6
AeroEdge has a total shareholder equity of ¥3.1B and total debt of ¥2.8B, which brings its debt-to-equity ratio to 89.5%. Its total assets and total liabilities are ¥7.2B and ¥4.1B respectively. AeroEdge's EBIT is ¥706.0M making its interest coverage ratio 18.6. It has cash and short-term investments of ¥1.8B.
Key information
89.5%
Debt to equity ratio
JP¥2.77b
Debt
| Interest coverage ratio | 18.6x |
| Cash | JP¥1.81b |
| Equity | JP¥3.09b |
| Total liabilities | JP¥4.14b |
| Total assets | JP¥7.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7409's short term assets (¥3.1B) exceed its short term liabilities (¥1.4B).
Long Term Liabilities: 7409's short term assets (¥3.1B) exceed its long term liabilities (¥2.8B).
Debt to Equity History and Analysis
Debt Level: 7409's net debt to equity ratio (30.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 7409's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7409's debt is well covered by operating cash flow (50.3%).
Interest Coverage: 7409's interest payments on its debt are well covered by EBIT (18.6x coverage).