Awa Paper & Technological Company Balance Sheet Health
Financial Health criteria checks 2/6
Awa Paper & Technological Company has a total shareholder equity of ¥6.8B and total debt of ¥6.9B, which brings its debt-to-equity ratio to 101.2%. Its total assets and total liabilities are ¥18.8B and ¥11.9B respectively. Awa Paper & Technological Company's EBIT is ¥250.0M making its interest coverage ratio 6.8. It has cash and short-term investments of ¥785.0M.
Key information
101.2%
Debt to equity ratio
JP¥6.92b
Debt
| Interest coverage ratio | 6.8x |
| Cash | JP¥785.00m |
| Equity | JP¥6.83b |
| Total liabilities | JP¥11.95b |
| Total assets | JP¥18.78b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3896's short term assets (¥7.2B) do not cover its short term liabilities (¥8.7B).
Long Term Liabilities: 3896's short term assets (¥7.2B) exceed its long term liabilities (¥3.2B).
Debt to Equity History and Analysis
Debt Level: 3896's net debt to equity ratio (89.7%) is considered high.
Reducing Debt: 3896's debt to equity ratio has increased from 76.1% to 101.2% over the past 5 years.
Debt Coverage: 3896's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: 3896's interest payments on its debt are well covered by EBIT (6.8x coverage).