Air Water Balance Sheet Health
Financial Health criteria checks 3/6
Air Water has a total shareholder equity of ¥479.0B and total debt of ¥429.0B, which brings its debt-to-equity ratio to 89.6%. Its total assets and total liabilities are ¥1,192.5B and ¥713.5B respectively. Air Water's EBIT is ¥62.3B making its interest coverage ratio 84.9. It has cash and short-term investments of ¥69.3B.
Key information
89.6%
Debt to equity ratio
JP¥429.03b
Debt
Interest coverage ratio | 84.9x |
Cash | JP¥69.33b |
Equity | JP¥478.99b |
Total liabilities | JP¥713.53b |
Total assets | JP¥1.19t |
Financial Position Analysis
Short Term Liabilities: 4088's short term assets (¥444.4B) exceed its short term liabilities (¥301.7B).
Long Term Liabilities: 4088's short term assets (¥444.4B) exceed its long term liabilities (¥411.9B).
Debt to Equity History and Analysis
Debt Level: 4088's net debt to equity ratio (75.1%) is considered high.
Reducing Debt: 4088's debt to equity ratio has increased from 72.8% to 89.6% over the past 5 years.
Debt Coverage: 4088's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: 4088's interest payments on its debt are well covered by EBIT (84.9x coverage).