Axial Retailing Balance Sheet Health
Financial Health criteria checks 6/6
Axial Retailing has a total shareholder equity of ¥83.3B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥131.4B and ¥48.1B respectively. Axial Retailing's EBIT is ¥11.8B making its interest coverage ratio -231. It has cash and short-term investments of ¥21.0B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -231x |
Cash | JP¥21.02b |
Equity | JP¥83.30b |
Total liabilities | JP¥48.09b |
Total assets | JP¥131.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8255's short term assets (¥37.3B) exceed its short term liabilities (¥33.3B).
Long Term Liabilities: 8255's short term assets (¥37.3B) exceed its long term liabilities (¥14.7B).
Debt to Equity History and Analysis
Debt Level: 8255 is debt free.
Reducing Debt: 8255 has no debt compared to 5 years ago when its debt to equity ratio was 0.7%.
Debt Coverage: 8255 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8255 has no debt, therefore coverage of interest payments is not a concern.