PIA Balance Sheet Health
Financial Health criteria checks 5/6
PIA has a total shareholder equity of ¥5.5B and total debt of ¥18.6B, which brings its debt-to-equity ratio to 336.1%. Its total assets and total liabilities are ¥90.3B and ¥84.7B respectively. PIA's EBIT is ¥1.2B making its interest coverage ratio 7.4. It has cash and short-term investments of ¥33.9B.
Key information
336.1%
Debt to equity ratio
JP¥18.63b
Debt
Interest coverage ratio | 7.4x |
Cash | JP¥33.92b |
Equity | JP¥5.54b |
Total liabilities | JP¥84.73b |
Total assets | JP¥90.27b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4337's short term assets (¥66.8B) exceed its short term liabilities (¥65.1B).
Long Term Liabilities: 4337's short term assets (¥66.8B) exceed its long term liabilities (¥19.6B).
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 43.2% to 336.1% over the past 5 years.
Debt Coverage: 4337's debt is well covered by operating cash flow (66.4%).
Interest Coverage: 4337's interest payments on its debt are well covered by EBIT (7.4x coverage).