Amiyaki Tei Balance Sheet Health
Financial Health criteria checks 5/6
Amiyaki Tei has a total shareholder equity of ¥21.0B and total debt of ¥841.0M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are ¥26.9B and ¥5.9B respectively. Amiyaki Tei's EBIT is ¥2.6B making its interest coverage ratio -2631. It has cash and short-term investments of ¥8.9B.
Key information
4.0%
Debt to equity ratio
JP¥841.00m
Debt
Interest coverage ratio | -2631x |
Cash | JP¥8.86b |
Equity | JP¥20.98b |
Total liabilities | JP¥5.91b |
Total assets | JP¥26.89b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2753's short term assets (¥11.6B) exceed its short term liabilities (¥4.3B).
Long Term Liabilities: 2753's short term assets (¥11.6B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 2753 has more cash than its total debt.
Reducing Debt: 2753's debt to equity ratio has increased from 0% to 4% over the past 5 years.
Debt Coverage: 2753's debt is well covered by operating cash flow (419.9%).
Interest Coverage: 2753 earns more interest than it pays, so coverage of interest payments is not a concern.