PIA Balance Sheet Health
Financial Health criteria checks 5/6
PIA has a total shareholder equity of ¥5.1B and total debt of ¥18.9B, which brings its debt-to-equity ratio to 372.2%. Its total assets and total liabilities are ¥80.2B and ¥75.2B respectively. PIA's EBIT is ¥1.4B making its interest coverage ratio 7.9. It has cash and short-term investments of ¥28.9B.
Key information
372.2%
Debt to equity ratio
JP¥18.89b
Debt
Interest coverage ratio | 7.9x |
Cash | JP¥28.91b |
Equity | JP¥5.08b |
Total liabilities | JP¥75.17b |
Total assets | JP¥80.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4337's short term assets (¥56.7B) exceed its short term liabilities (¥55.4B).
Long Term Liabilities: 4337's short term assets (¥56.7B) exceed its long term liabilities (¥19.7B).
Debt to Equity History and Analysis
Debt Level: 4337 has more cash than its total debt.
Reducing Debt: 4337's debt to equity ratio has increased from 20.7% to 372.2% over the past 5 years.
Debt Coverage: 4337's debt is well covered by operating cash flow (123%).
Interest Coverage: 4337's interest payments on its debt are well covered by EBIT (7.9x coverage).