Avantia Balance Sheet Health
Financial Health criteria checks 3/6
Avantia has a total shareholder equity of ¥27.8B and total debt of ¥33.6B, which brings its debt-to-equity ratio to 121%. Its total assets and total liabilities are ¥67.4B and ¥39.6B respectively. Avantia's EBIT is ¥947.0M making its interest coverage ratio 4.1. It has cash and short-term investments of ¥14.1B.
Key information
121.0%
Debt to equity ratio
JP¥33.59b
Debt
| Interest coverage ratio | 4.1x |
| Cash | JP¥14.13b |
| Equity | JP¥27.75b |
| Total liabilities | JP¥39.63b |
| Total assets | JP¥67.38b |
Recent financial health updates
No updates
Recent updates
Avantia (TSE:8904) Will Pay A Dividend Of ¥19.00
Aug 20
Avantia (TSE:8904) Has Announced A Dividend Of ¥19.00
Aug 06Avantia (TSE:8904) Will Pay A Dividend Of ¥19.00
Jul 22Avantia (TSE:8904) Will Pay A Dividend Of ¥19.00
Jun 19Avantia (TSE:8904) Will Pay A Dividend Of ¥19.00
Apr 25Avantia (TSE:8904) Has Announced A Dividend Of ¥19.00
Apr 10Financial Position Analysis
Short Term Liabilities: 8904's short term assets (¥58.5B) exceed its short term liabilities (¥26.6B).
Long Term Liabilities: 8904's short term assets (¥58.5B) exceed its long term liabilities (¥13.0B).
Debt to Equity History and Analysis
Debt Level: 8904's net debt to equity ratio (70.1%) is considered high.
Reducing Debt: 8904's debt to equity ratio has increased from 44.6% to 121% over the past 5 years.
Debt Coverage: 8904's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: 8904's interest payments on its debt are well covered by EBIT (4.1x coverage).