Axis Consulting Balance Sheet Health
Financial Health criteria checks 5/6
Axis Consulting has a total shareholder equity of ¥3.0B and total debt of ¥95.0M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are ¥3.8B and ¥779.0M respectively. Axis Consulting's EBIT is ¥662.0M making its interest coverage ratio 662. It has cash and short-term investments of ¥2.7B.
Key information
3.2%
Debt to equity ratio
JP¥95.00m
Debt
Interest coverage ratio | 662x |
Cash | JP¥2.71b |
Equity | JP¥2.98b |
Total liabilities | JP¥779.00m |
Total assets | JP¥3.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9344's short term assets (¥3.3B) exceed its short term liabilities (¥685.0M).
Long Term Liabilities: 9344's short term assets (¥3.3B) exceed its long term liabilities (¥94.0M).
Debt to Equity History and Analysis
Debt Level: 9344 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 9344's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9344's debt is well covered by operating cash flow (232.6%).
Interest Coverage: 9344's interest payments on its debt are well covered by EBIT (662x coverage).