Awa Paper & Technological Company Balance Sheet Health
Financial Health criteria checks 2/6
Awa Paper & Technological Company has a total shareholder equity of ¥6.9B and total debt of ¥10.6B, which brings its debt-to-equity ratio to 153.3%. Its total assets and total liabilities are ¥22.8B and ¥15.9B respectively. Awa Paper & Technological Company's EBIT is ¥249.0M making its interest coverage ratio 3.7. It has cash and short-term investments of ¥1.6B.
Key information
153.3%
Debt to equity ratio
JP¥10.64b
Debt
| Interest coverage ratio | 3.7x |
| Cash | JP¥1.62b |
| Equity | JP¥6.94b |
| Total liabilities | JP¥15.86b |
| Total assets | JP¥22.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3896's short term assets (¥8.8B) do not cover its short term liabilities (¥10.1B).
Long Term Liabilities: 3896's short term assets (¥8.8B) exceed its long term liabilities (¥5.8B).
Debt to Equity History and Analysis
Debt Level: 3896's net debt to equity ratio (130%) is considered high.
Reducing Debt: 3896's debt to equity ratio has increased from 81.7% to 153.3% over the past 5 years.
Debt Coverage: 3896's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: 3896's interest payments on its debt are well covered by EBIT (3.7x coverage).