ABISTLtd Balance Sheet Health
Financial Health criteria checks 5/6
ABISTLtd has a total shareholder equity of ¥6.7B and total debt of ¥50.0M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ¥8.8B and ¥2.0B respectively. ABISTLtd's EBIT is ¥760.8M making its interest coverage ratio 50721.2. It has cash and short-term investments of ¥3.8B.
Key information
0.7%
Debt to equity ratio
JP¥50.00m
Debt
| Interest coverage ratio | 50721.2x |
| Cash | JP¥3.81b |
| Equity | JP¥6.73b |
| Total liabilities | JP¥2.04b |
| Total assets | JP¥8.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6087's short term assets (¥5.4B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 6087's short term assets (¥5.4B) exceed its long term liabilities (¥957.1M).
Debt to Equity History and Analysis
Debt Level: 6087 has more cash than its total debt.
Reducing Debt: 6087's debt to equity ratio has reduced from 0.9% to 0.7% over the past 5 years.
Debt Coverage: Insufficient data to determine if 6087's debt is well covered by operating cash flow.
Interest Coverage: 6087's interest payments on its debt are well covered by EBIT (50721.2x coverage).