Arr Planner Balance Sheet Health
Financial Health criteria checks 4/6
Arr Planner has a total shareholder equity of ¥5.0B and total debt of ¥15.2B, which brings its debt-to-equity ratio to 303.6%. Its total assets and total liabilities are ¥26.0B and ¥21.0B respectively. Arr Planner's EBIT is ¥1.4B making its interest coverage ratio 7.8. It has cash and short-term investments of ¥4.2B.
Key information
303.6%
Debt to equity ratio
JP¥15.16b
Debt
| Interest coverage ratio | 7.8x |
| Cash | JP¥4.20b |
| Equity | JP¥4.99b |
| Total liabilities | JP¥20.96b |
| Total assets | JP¥25.96b |
Recent financial health updates
Does Arr Planner (TSE:2983) Have A Healthy Balance Sheet?
Sep 10
Does Arr Planner (TSE:2983) Have A Healthy Balance Sheet?
Mar 13Recent updates
Arr Planner Co., Ltd.'s (TSE:2983) Share Price Boosted 29% But Its Business Prospects Need A Lift Too
Sep 17Does Arr Planner (TSE:2983) Have A Healthy Balance Sheet?
Sep 10Arr Planner's (TSE:2983) Returns On Capital Not Reflecting Well On The Business
Jun 14Does Arr Planner (TSE:2983) Have A Healthy Balance Sheet?
Mar 13Financial Position Analysis
Short Term Liabilities: 2983's short term assets (¥24.1B) exceed its short term liabilities (¥16.5B).
Long Term Liabilities: 2983's short term assets (¥24.1B) exceed its long term liabilities (¥4.4B).
Debt to Equity History and Analysis
Debt Level: 2983's net debt to equity ratio (219.6%) is considered high.
Reducing Debt: 2983's debt to equity ratio has reduced from 523.8% to 303.6% over the past 5 years.
Debt Coverage: 2983's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: 2983's interest payments on its debt are well covered by EBIT (7.8x coverage).