Anicom Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Anicom Holdings has a total shareholder equity of ¥30.2B and total debt of ¥5.0B, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are ¥66.4B and ¥36.2B respectively. Anicom Holdings's EBIT is ¥4.2B making its interest coverage ratio 278.4. It has cash and short-term investments of ¥51.4B.
Key information
16.6%
Debt to equity ratio
JP¥5.00b
Debt
Interest coverage ratio | 278.4x |
Cash | JP¥51.39b |
Equity | JP¥30.15b |
Total liabilities | JP¥36.21b |
Total assets | JP¥66.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8715's short term assets (¥55.5B) exceed its short term liabilities (¥3.6B).
Long Term Liabilities: 8715's short term assets (¥55.5B) exceed its long term liabilities (¥32.6B).
Debt to Equity History and Analysis
Debt Level: 8715 has more cash than its total debt.
Reducing Debt: 8715's debt to equity ratio has increased from 0% to 16.6% over the past 5 years.
Debt Coverage: 8715's debt is well covered by operating cash flow (113.4%).
Interest Coverage: 8715's interest payments on its debt are well covered by EBIT (278.4x coverage).