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 ¥331.0M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are ¥6.7B and ¥2.9B respectively. Advantage Risk Management's EBIT is ¥739.0M making its interest coverage ratio -61.6. It has cash and short-term investments of ¥1.9B.
Key information
8.9%
Debt to equity ratio
JP¥331.00m
Debt
| Interest coverage ratio | -61.6x |
| Cash | JP¥1.90b |
| Equity | JP¥3.73b |
| Total liabilities | JP¥2.93b |
| Total assets | JP¥6.65b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8769's short term assets (¥3.0B) exceed its short term liabilities (¥2.6B).
Long Term Liabilities: 8769's short term assets (¥3.0B) exceed its long term liabilities (¥364.0M).
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% to 8.9% over the past 5 years.
Debt Coverage: 8769's debt is well covered by operating cash flow (390.3%).
Interest Coverage: 8769 earns more interest than it pays, so coverage of interest payments is not a concern.