artience Balance Sheet Health
Financial Health criteria checks 5/6
artience has a total shareholder equity of ¥267.6B and total debt of ¥81.3B, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are ¥457.8B and ¥190.2B respectively. artience's EBIT is ¥20.1B making its interest coverage ratio 38.8. It has cash and short-term investments of ¥56.9B.
Key information
30.4%
Debt to equity ratio
JP¥81.34b
Debt
| Interest coverage ratio | 38.8x |
| Cash | JP¥56.92b |
| Equity | JP¥267.58b |
| Total liabilities | JP¥190.20b |
| Total assets | JP¥457.78b |
Recent financial health updates
We Think artience (TSE:4634) Can Stay On Top Of Its Debt
Oct 16
Is artience (TSE:4634) Using Too Much Debt?
Jun 03We Think artience (TSE:4634) Can Stay On Top Of Its Debt
Mar 01Recent updates
artience (TSE:4634) Has Announced A Dividend Of ¥50.00
Nov 12With artience Co., Ltd. (TSE:4634) It Looks Like You'll Get What You Pay For
Nov 08We Think artience (TSE:4634) Can Stay On Top Of Its Debt
Oct 16The Returns At artience (TSE:4634) Aren't Growing
Sep 18artience (TSE:4634) Is Due To Pay A Dividend Of ¥50.00
Aug 26artience's (TSE:4634) Dividend Will Be ¥50.00
Aug 12Market Cool On artience Co., Ltd.'s (TSE:4634) Earnings Pushing Shares 26% Lower
Aug 05artience (TSE:4634) Is Paying Out A Dividend Of ¥45.00
Jun 26Is artience (TSE:4634) Using Too Much Debt?
Jun 03artience (TSE:4634) Has Affirmed Its Dividend Of ¥45.00
Apr 11We Think artience (TSE:4634) Can Stay On Top Of Its Debt
Mar 01Financial Position Analysis
Short Term Liabilities: 4634's short term assets (¥233.1B) exceed its short term liabilities (¥131.1B).
Long Term Liabilities: 4634's short term assets (¥233.1B) exceed its long term liabilities (¥59.1B).
Debt to Equity History and Analysis
Debt Level: 4634's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: 4634's debt to equity ratio has increased from 27.3% to 30.4% over the past 5 years.
Debt Coverage: 4634's debt is well covered by operating cash flow (40.6%).
Interest Coverage: 4634's interest payments on its debt are well covered by EBIT (38.8x coverage).