Ahjikan Balance Sheet Health
Financial Health criteria checks 5/6
Ahjikan has a total shareholder equity of ¥15.4B and total debt of ¥6.3B, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are ¥29.4B and ¥13.9B respectively. Ahjikan's EBIT is ¥1.0B making its interest coverage ratio 336. It has cash and short-term investments of ¥2.0B.
Key information
41.1%
Debt to equity ratio
JP¥6.34b
Debt
Interest coverage ratio | 336x |
Cash | JP¥2.04b |
Equity | JP¥15.41b |
Total liabilities | JP¥13.95b |
Total assets | JP¥29.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2907's short term assets (¥16.5B) exceed its short term liabilities (¥12.6B).
Long Term Liabilities: 2907's short term assets (¥16.5B) exceed its long term liabilities (¥1.4B).
Debt to Equity History and Analysis
Debt Level: 2907's net debt to equity ratio (27.9%) is considered satisfactory.
Reducing Debt: 2907's debt to equity ratio has reduced from 61% to 41.1% over the past 5 years.
Debt Coverage: 2907's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2907's interest payments on its debt are well covered by EBIT (336x coverage).