Avantia Balance Sheet Health
Financial Health criteria checks 3/6
Avantia has a total shareholder equity of ¥27.4B and total debt of ¥36.8B, which brings its debt-to-equity ratio to 134.2%. Its total assets and total liabilities are ¥70.1B and ¥42.7B respectively. Avantia's EBIT is ¥1.3B making its interest coverage ratio 6.4. It has cash and short-term investments of ¥10.1B.
Key information
134.2%
Debt to equity ratio
JP¥36.82b
Debt
Interest coverage ratio | 6.4x |
Cash | JP¥10.14b |
Equity | JP¥27.44b |
Total liabilities | JP¥42.70b |
Total assets | JP¥70.14b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8904's short term assets (¥64.5B) exceed its short term liabilities (¥31.8B).
Long Term Liabilities: 8904's short term assets (¥64.5B) exceed its long term liabilities (¥10.9B).
Debt to Equity History and Analysis
Debt Level: 8904's net debt to equity ratio (97.2%) is considered high.
Reducing Debt: 8904's debt to equity ratio has increased from 34.3% to 134.2% over the past 5 years.
Debt Coverage: 8904's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8904's interest payments on its debt are well covered by EBIT (6.4x coverage).