Arr Planner Balance Sheet Health
Financial Health criteria checks 4/6
Arr Planner has a total shareholder equity of ¥4.4B and total debt of ¥16.4B, which brings its debt-to-equity ratio to 370.7%. Its total assets and total liabilities are ¥26.1B and ¥21.7B respectively. Arr Planner's EBIT is ¥751.0M making its interest coverage ratio 4.2. It has cash and short-term investments of ¥3.6B.
Key information
370.7%
Debt to equity ratio
JP¥16.43b
Debt
| Interest coverage ratio | 4.2x |
| Cash | JP¥3.61b |
| Equity | JP¥4.43b |
| Total liabilities | JP¥21.70b |
| Total assets | JP¥26.13b |
Financial Position Analysis
Short Term Liabilities: 2983's short term assets (¥24.3B) exceed its short term liabilities (¥17.5B).
Long Term Liabilities: 2983's short term assets (¥24.3B) exceed its long term liabilities (¥4.2B).
Debt to Equity History and Analysis
Debt Level: 2983's net debt to equity ratio (289.3%) is considered high.
Reducing Debt: 2983's debt to equity ratio has reduced from 544.8% to 370.7% over the past 5 years.
Debt Coverage: 2983's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: 2983's interest payments on its debt are well covered by EBIT (4.2x coverage).