ASTMAX Balance Sheet Health
Financial Health criteria checks 6/6
ASTMAX has a total shareholder equity of ¥6.2B and total debt of ¥4.6B, which brings its debt-to-equity ratio to 73.5%. Its total assets and total liabilities are ¥15.2B and ¥8.9B respectively. ASTMAX's EBIT is ¥787.0M making its interest coverage ratio 10.5. It has cash and short-term investments of ¥4.0B.
Key information
73.5%
Debt to equity ratio
JP¥4.58b
Debt
| Interest coverage ratio | 10.5x |
| Cash | JP¥3.97b |
| Equity | JP¥6.24b |
| Total liabilities | JP¥8.91b |
| Total assets | JP¥15.15b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7162's short term assets (¥8.6B) exceed its short term liabilities (¥4.6B).
Long Term Liabilities: 7162's short term assets (¥8.6B) exceed its long term liabilities (¥4.3B).
Debt to Equity History and Analysis
Debt Level: 7162's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: 7162's debt to equity ratio has reduced from 78.8% to 73.5% over the past 5 years.
Debt Coverage: 7162's debt is well covered by operating cash flow (27.3%).
Interest Coverage: 7162's interest payments on its debt are well covered by EBIT (10.5x coverage).