ARCS Balance Sheet Health
Financial Health criteria checks 5/6
ARCS has a total shareholder equity of ¥178.5B and total debt of ¥22.5B, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are ¥278.1B and ¥99.6B respectively. ARCS's EBIT is ¥16.7B making its interest coverage ratio -141.5. It has cash and short-term investments of ¥78.0B.
Key information
12.6%
Debt to equity ratio
JP¥22.46b
Debt
Interest coverage ratio | -141.5x |
Cash | JP¥78.03b |
Equity | JP¥178.53b |
Total liabilities | JP¥99.60b |
Total assets | JP¥278.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9948's short term assets (¥112.1B) exceed its short term liabilities (¥69.0B).
Long Term Liabilities: 9948's short term assets (¥112.1B) exceed its long term liabilities (¥30.6B).
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 12.6% over the past 5 years.
Debt Coverage: 9948's debt is well covered by operating cash flow (102.2%).
Interest Coverage: 9948 earns more interest than it pays, so coverage of interest payments is not a concern.