Advantage Risk Management Balance Sheet Health
Financial Health criteria checks 5/6
Advantage Risk Management has a total shareholder equity of ¥3.7B and total debt of ¥339.0M, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are ¥6.3B and ¥2.6B respectively. Advantage Risk Management's EBIT is ¥640.0M making its interest coverage ratio -64. It has cash and short-term investments of ¥1.5B.
Key information
9.2%
Debt to equity ratio
JP¥339.00m
Debt
Interest coverage ratio | -64x |
Cash | JP¥1.47b |
Equity | JP¥3.67b |
Total liabilities | JP¥2.64b |
Total assets | JP¥6.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8769's short term assets (¥2.6B) exceed its short term liabilities (¥2.3B).
Long Term Liabilities: 8769's short term assets (¥2.6B) exceed its long term liabilities (¥390.0M).
Debt to Equity History and Analysis
Debt Level: 8769 has more cash than its total debt.
Reducing Debt: 8769's debt to equity ratio has increased from 6.4% to 9.2% over the past 5 years.
Debt Coverage: 8769's debt is well covered by operating cash flow (378.5%).
Interest Coverage: 8769 earns more interest than it pays, so coverage of interest payments is not a concern.