Akatsuki Balance Sheet Health
Financial Health criteria checks 5/6
Akatsuki has a total shareholder equity of ¥16.1B and total debt of ¥38.0B, which brings its debt-to-equity ratio to 236.6%. Its total assets and total liabilities are ¥88.2B and ¥72.1B respectively. Akatsuki's EBIT is ¥3.6B making its interest coverage ratio -13.2. It has cash and short-term investments of ¥46.4B.
Key information
236.6%
Debt to equity ratio
JP¥38.04b
Debt
Interest coverage ratio | -13.2x |
Cash | JP¥46.36b |
Equity | JP¥16.08b |
Total liabilities | JP¥72.14b |
Total assets | JP¥88.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8737's short term assets (¥81.3B) exceed its short term liabilities (¥62.9B).
Long Term Liabilities: 8737's short term assets (¥81.3B) exceed its long term liabilities (¥9.2B).
Debt to Equity History and Analysis
Debt Level: 8737 has more cash than its total debt.
Reducing Debt: 8737's debt to equity ratio has reduced from 239.6% to 236.6% over the past 5 years.
Debt Coverage: 8737's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: 8737 earns more interest than it pays, so coverage of interest payments is not a concern.