AZEARTH Balance Sheet Health
Financial Health criteria checks 5/6
AZEARTH has a total shareholder equity of ¥6.6B and total debt of ¥178.0M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are ¥8.5B and ¥1.9B respectively. AZEARTH's EBIT is ¥225.0M making its interest coverage ratio -32.1. It has cash and short-term investments of ¥2.8B.
Key information
2.7%
Debt to equity ratio
JP¥178.00m
Debt
| Interest coverage ratio | -32.1x |
| Cash | JP¥2.85b |
| Equity | JP¥6.61b |
| Total liabilities | JP¥1.89b |
| Total assets | JP¥8.50b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3161's short term assets (¥6.4B) exceed its short term liabilities (¥1.7B).
Long Term Liabilities: 3161's short term assets (¥6.4B) exceed its long term liabilities (¥225.0M).
Debt to Equity History and Analysis
Debt Level: 3161 has more cash than its total debt.
Reducing Debt: 3161's debt to equity ratio has reduced from 5.4% to 2.7% over the past 5 years.
Debt Coverage: 3161's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3161 earns more interest than it pays, so coverage of interest payments is not a concern.