Adventure Balance Sheet Health
Financial Health criteria checks 5/6
Adventure has a total shareholder equity of ¥12.1B and total debt of ¥7.6B, which brings its debt-to-equity ratio to 62.6%. Its total assets and total liabilities are ¥29.7B and ¥17.7B respectively. Adventure's EBIT is ¥1.6B making its interest coverage ratio 14.2. It has cash and short-term investments of ¥17.0B.
Key information
62.6%
Debt to equity ratio
JP¥7.57b
Debt
| Interest coverage ratio | 14.2x |
| Cash | JP¥17.01b |
| Equity | JP¥12.08b |
| Total liabilities | JP¥17.66b |
| Total assets | JP¥29.74b |
Recent financial health updates
Recent updates
These 4 Measures Indicate That Adventure (TSE:6030) Is Using Debt Reasonably Well
Oct 23
Adventure, Inc. (TSE:6030) Stocks Pounded By 28% But Not Lagging Market On Growth Or Pricing
Aug 19Is It Too Late To Consider Buying Adventure, Inc. (TSE:6030)?
Aug 13There Are Reasons To Feel Uneasy About Adventure's (TSE:6030) Returns On Capital
Jul 04Investors Appear Satisfied With Adventure, Inc.'s (TSE:6030) Prospects As Shares Rocket 56%
May 21Adventure, Inc. (TSE:6030) Stocks Pounded By 29% But Not Lagging Market On Growth Or Pricing
Feb 27Financial Position Analysis
Short Term Liabilities: 6030's short term assets (¥24.0B) exceed its short term liabilities (¥10.2B).
Long Term Liabilities: 6030's short term assets (¥24.0B) exceed its long term liabilities (¥7.5B).
Debt to Equity History and Analysis
Debt Level: 6030 has more cash than its total debt.
Reducing Debt: 6030's debt to equity ratio has reduced from 629.2% to 62.6% over the past 5 years.
Debt Coverage: 6030's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: 6030's interest payments on its debt are well covered by EBIT (14.2x coverage).