ARCS Balance Sheet Health
Financial Health criteria checks 5/6
ARCS has a total shareholder equity of ¥179.9B and total debt of ¥20.6B, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are ¥283.6B and ¥103.7B respectively. ARCS's EBIT is ¥16.0B making its interest coverage ratio -131.4. It has cash and short-term investments of ¥82.5B.
Key information
11.5%
Debt to equity ratio
JP¥20.63b
Debt
| Interest coverage ratio | -131.4x |
| Cash | JP¥82.47b |
| Equity | JP¥179.90b |
| Total liabilities | JP¥103.74b |
| Total assets | JP¥283.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9948's short term assets (¥117.5B) exceed its short term liabilities (¥74.2B).
Long Term Liabilities: 9948's short term assets (¥117.5B) exceed its long term liabilities (¥29.6B).
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 11.1% to 11.5% over the past 5 years.
Debt Coverage: 9948's debt is well covered by operating cash flow (116.9%).
Interest Coverage: 9948 earns more interest than it pays, so coverage of interest payments is not a concern.