ARCS Balance Sheet Health
Financial Health criteria checks 5/6
ARCS has a total shareholder equity of ¥177.8B and total debt of ¥22.0B, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are ¥275.0B and ¥97.2B respectively. ARCS's EBIT is ¥16.8B making its interest coverage ratio -164.8. It has cash and short-term investments of ¥74.8B.
Key information
12.4%
Debt to equity ratio
JP¥21.99b
Debt
Interest coverage ratio | -164.8x |
Cash | JP¥74.79b |
Equity | JP¥177.81b |
Total liabilities | JP¥97.16b |
Total assets | JP¥274.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9948's short term assets (¥108.9B) exceed its short term liabilities (¥66.8B).
Long Term Liabilities: 9948's short term assets (¥108.9B) exceed its long term liabilities (¥30.3B).
Debt to Equity History and Analysis
Debt Level: 9948 has more cash than its total debt.
Reducing Debt: 9948's debt to equity ratio has increased from 8.8% to 12.4% over the past 5 years.
Debt Coverage: 9948's debt is well covered by operating cash flow (109.4%).
Interest Coverage: 9948 earns more interest than it pays, so coverage of interest payments is not a concern.