Akatsuki Balance Sheet Health
Financial Health criteria checks 5/6
Akatsuki has a total shareholder equity of ¥17.2B and total debt of ¥42.1B, which brings its debt-to-equity ratio to 244.3%. Its total assets and total liabilities are ¥94.6B and ¥77.4B respectively. Akatsuki's EBIT is ¥3.3B making its interest coverage ratio -37.6. It has cash and short-term investments of ¥44.1B.
Key information
244.3%
Debt to equity ratio
JP¥42.07b
Debt
| Interest coverage ratio | -37.6x |
| Cash | JP¥44.11b |
| Equity | JP¥17.22b |
| Total liabilities | JP¥77.35b |
| Total assets | JP¥94.58b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8737's short term assets (¥87.2B) exceed its short term liabilities (¥66.3B).
Long Term Liabilities: 8737's short term assets (¥87.2B) exceed its long term liabilities (¥11.0B).
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 256.7% to 244.3% over the past 5 years.
Debt Coverage: 8737's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: 8737 earns more interest than it pays, so coverage of interest payments is not a concern.