PIA Balance Sheet Health
Financial Health criteria checks 5/6
PIA has a total shareholder equity of ¥6.3B and total debt of ¥18.1B, which brings its debt-to-equity ratio to 289.6%. Its total assets and total liabilities are ¥100.9B and ¥94.6B respectively. PIA's EBIT is ¥1.5B making its interest coverage ratio 7.2. It has cash and short-term investments of ¥46.3B.
Key information
289.6%
Debt to equity ratio
JP¥18.13b
Debt
| Interest coverage ratio | 7.2x |
| Cash | JP¥46.34b |
| Equity | JP¥6.26b |
| Total liabilities | JP¥94.63b |
| Total assets | JP¥100.89b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4337's short term assets (¥78.3B) exceed its short term liabilities (¥76.0B).
Long Term Liabilities: 4337's short term assets (¥78.3B) exceed its long term liabilities (¥18.6B).
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 76.6% to 289.6% over the past 5 years.
Debt Coverage: 4337's debt is well covered by operating cash flow (36.8%).
Interest Coverage: 4337's interest payments on its debt are well covered by EBIT (7.2x coverage).