artience Balance Sheet Health
Financial Health criteria checks 5/6
artience has a total shareholder equity of ¥255.7B and total debt of ¥86.7B, which brings its debt-to-equity ratio to 33.9%. Its total assets and total liabilities are ¥447.8B and ¥192.1B respectively. artience's EBIT is ¥13.4B making its interest coverage ratio 64.3. It has cash and short-term investments of ¥58.0B.
Key information
33.9%
Debt to equity ratio
JP¥86.70b
Debt
| Interest coverage ratio | 64.3x |
| Cash | JP¥57.98b |
| Equity | JP¥255.65b |
| Total liabilities | JP¥192.15b |
| Total assets | JP¥447.80b |
Financial Position Analysis
Short Term Liabilities: 4634's short term assets (¥230.9B) exceed its short term liabilities (¥124.0B).
Long Term Liabilities: 4634's short term assets (¥230.9B) exceed its long term liabilities (¥68.2B).
Debt to Equity History and Analysis
Debt Level: 4634's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: 4634's debt to equity ratio has increased from 26.9% to 33.9% over the past 5 years.
Debt Coverage: 4634's debt is well covered by operating cash flow (27.1%).
Interest Coverage: 4634's interest payments on its debt are well covered by EBIT (64.3x coverage).