Akatsuki Balance Sheet Health
Financial Health criteria checks 5/6
Akatsuki has a total shareholder equity of ¥16.7B and total debt of ¥41.6B, which brings its debt-to-equity ratio to 248.3%. Its total assets and total liabilities are ¥92.1B and ¥75.4B respectively. Akatsuki's EBIT is ¥3.4B making its interest coverage ratio -8.7. It has cash and short-term investments of ¥47.5B.
Key information
248.3%
Debt to equity ratio
JP¥41.58b
Debt
Interest coverage ratio | -8.7x |
Cash | JP¥47.52b |
Equity | JP¥16.75b |
Total liabilities | JP¥75.38b |
Total assets | JP¥92.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8737's short term assets (¥84.7B) exceed its short term liabilities (¥65.8B).
Long Term Liabilities: 8737's short term assets (¥84.7B) exceed its long term liabilities (¥9.6B).
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 262.1% to 248.3% over the past 5 years.
Debt Coverage: 8737's debt is not well covered by operating cash flow (2%).
Interest Coverage: 8737 earns more interest than it pays, so coverage of interest payments is not a concern.