Akikawa Foods & Farms Balance Sheet Health
Financial Health criteria checks 4/6
Akikawa Foods & Farms has a total shareholder equity of ¥2.2B and total debt of ¥3.0B, which brings its debt-to-equity ratio to 137.3%. Its total assets and total liabilities are ¥6.8B and ¥4.6B respectively. Akikawa Foods & Farms's EBIT is ¥74.0M making its interest coverage ratio 6.7. It has cash and short-term investments of ¥695.0M.
Key information
137.3%
Debt to equity ratio
JP¥3.04b
Debt
| Interest coverage ratio | 6.7x |
| Cash | JP¥695.00m |
| Equity | JP¥2.22b |
| Total liabilities | JP¥4.58b |
| Total assets | JP¥6.79b |
Recent financial health updates
Here's Why Akikawa Foods & Farms (TYO:1380) Can Manage Its Debt Responsibly
Apr 14
These 4 Measures Indicate That Akikawa Foods & Farms (TYO:1380) Is Using Debt Reasonably Well
Jan 14Recent updates
Akikawa Foods & Farms (TYO:1380) Is Doing The Right Things To Multiply Its Share Price
May 05Here's Why Akikawa Foods & Farms (TYO:1380) Can Manage Its Debt Responsibly
Apr 14A Closer Look At Akikawa Foods & Farms Co., Ltd.'s (TYO:1380) Impressive ROE
Mar 18With EPS Growth And More, Akikawa Foods & Farms (TYO:1380) Is Interesting
Feb 25Is Akikawa Foods & Farms (TYO:1380) A Future Multi-bagger?
Feb 04These 4 Measures Indicate That Akikawa Foods & Farms (TYO:1380) Is Using Debt Reasonably Well
Jan 14A Closer Look At Akikawa Foods & Farms Co., Ltd.'s (TYO:1380) Impressive ROE
Dec 18Do Akikawa Foods & Farms's (TYO:1380) Earnings Warrant Your Attention?
Nov 27Financial Position Analysis
Short Term Liabilities: 1380's short term assets (¥2.9B) exceed its short term liabilities (¥2.3B).
Long Term Liabilities: 1380's short term assets (¥2.9B) exceed its long term liabilities (¥2.2B).
Debt to Equity History and Analysis
Debt Level: 1380's net debt to equity ratio (106%) is considered high.
Reducing Debt: 1380's debt to equity ratio has reduced from 142.4% to 137.3% over the past 5 years.
Debt Coverage: 1380's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: 1380's interest payments on its debt are well covered by EBIT (6.7x coverage).