Advance Create Balance Sheet Health
Financial Health criteria checks 1/6
Advance Create has a total shareholder equity of ¥3.3B and total debt of ¥3.5B, which brings its debt-to-equity ratio to 107.1%. Its total assets and total liabilities are ¥10.6B and ¥7.3B respectively.
Key information
107.1%
Debt to equity ratio
JP¥3.51b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥501.00m |
| Equity | JP¥3.27b |
| Total liabilities | JP¥7.32b |
| Total assets | JP¥10.59b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8798's short term assets (¥5.2B) do not cover its short term liabilities (¥5.3B).
Long Term Liabilities: 8798's short term assets (¥5.2B) exceed its long term liabilities (¥2.0B).
Debt to Equity History and Analysis
Debt Level: 8798's net debt to equity ratio (91.8%) is considered high.
Reducing Debt: 8798's debt to equity ratio has increased from 8.7% to 107.1% over the past 5 years.
Debt Coverage: 8798's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 8798's interest payments on its debt are well covered by EBIT.