ASTMAX Balance Sheet Health
Financial Health criteria checks 5/6
ASTMAX has a total shareholder equity of ¥5.9B and total debt of ¥4.1B, which brings its debt-to-equity ratio to 70.1%. Its total assets and total liabilities are ¥14.1B and ¥8.2B respectively. ASTMAX's EBIT is ¥310.0M making its interest coverage ratio 5.3. It has cash and short-term investments of ¥3.9B.
Key information
70.1%
Debt to equity ratio
JP¥4.12b
Debt
Interest coverage ratio | 5.3x |
Cash | JP¥3.93b |
Equity | JP¥5.87b |
Total liabilities | JP¥8.18b |
Total assets | JP¥14.05b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7162's short term assets (¥8.0B) exceed its short term liabilities (¥4.3B).
Long Term Liabilities: 7162's short term assets (¥8.0B) exceed its long term liabilities (¥3.9B).
Debt to Equity History and Analysis
Debt Level: 7162's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: 7162's debt to equity ratio has reduced from 77% to 70.1% over the past 5 years.
Debt Coverage: 7162's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7162's interest payments on its debt are well covered by EBIT (5.3x coverage).