Advan Group Balance Sheet Health
Financial Health criteria checks 5/6
Advan Group has a total shareholder equity of ¥53.4B and total debt of ¥20.9B, which brings its debt-to-equity ratio to 39.2%. Its total assets and total liabilities are ¥78.9B and ¥25.5B respectively. Advan Group's EBIT is ¥3.2B making its interest coverage ratio -12.4. It has cash and short-term investments of ¥12.8B.
Key information
39.2%
Debt to equity ratio
JP¥20.94b
Debt
| Interest coverage ratio | -12.4x |
| Cash | JP¥12.80b |
| Equity | JP¥53.43b |
| Total liabilities | JP¥25.49b |
| Total assets | JP¥78.91b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7463's short term assets (¥24.7B) exceed its short term liabilities (¥7.7B).
Long Term Liabilities: 7463's short term assets (¥24.7B) exceed its long term liabilities (¥17.8B).
Debt to Equity History and Analysis
Debt Level: 7463's net debt to equity ratio (15.2%) is considered satisfactory.
Reducing Debt: 7463's debt to equity ratio has increased from 24.6% to 39.2% over the past 5 years.
Debt Coverage: 7463's debt is well covered by operating cash flow (23.7%).
Interest Coverage: 7463 earns more interest than it pays, so coverage of interest payments is not a concern.