Ahjikan Balance Sheet Health
Financial Health criteria checks 6/6
Ahjikan has a total shareholder equity of ¥16.8B and total debt of ¥4.2B, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are ¥27.5B and ¥10.7B respectively. Ahjikan's EBIT is ¥2.4B making its interest coverage ratio 1214.5. It has cash and short-term investments of ¥3.1B.
Key information
24.9%
Debt to equity ratio
JP¥4.18b
Debt
| Interest coverage ratio | 1214.5x |
| Cash | JP¥3.08b |
| Equity | JP¥16.75b |
| Total liabilities | JP¥10.73b |
| Total assets | JP¥27.48b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2907's short term assets (¥14.5B) exceed its short term liabilities (¥9.3B).
Long Term Liabilities: 2907's short term assets (¥14.5B) exceed its long term liabilities (¥1.4B).
Debt to Equity History and Analysis
Debt Level: 2907's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: 2907's debt to equity ratio has reduced from 55.5% to 24.9% over the past 5 years.
Debt Coverage: 2907's debt is well covered by operating cash flow (102.4%).
Interest Coverage: 2907's interest payments on its debt are well covered by EBIT (1214.5x coverage).