Advan Group Balance Sheet Health
Financial Health criteria checks 5/6
Advan Group has a total shareholder equity of ¥49.6B and total debt of ¥21.8B, which brings its debt-to-equity ratio to 44%. Its total assets and total liabilities are ¥78.7B and ¥29.1B respectively. Advan Group's EBIT is ¥3.9B making its interest coverage ratio -14.6. It has cash and short-term investments of ¥18.0B.
Key information
44.0%
Debt to equity ratio
JP¥21.83b
Debt
Interest coverage ratio | -14.6x |
Cash | JP¥18.02b |
Equity | JP¥49.58b |
Total liabilities | JP¥29.11b |
Total assets | JP¥78.70b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7463's short term assets (¥29.8B) exceed its short term liabilities (¥10.6B).
Long Term Liabilities: 7463's short term assets (¥29.8B) exceed its long term liabilities (¥18.5B).
Debt to Equity History and Analysis
Debt Level: 7463's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: 7463's debt to equity ratio has increased from 16.2% to 44% over the past 5 years.
Debt Coverage: 7463's debt is well covered by operating cash flow (22.8%).
Interest Coverage: 7463 earns more interest than it pays, so coverage of interest payments is not a concern.