artience Balance Sheet Health
Financial Health criteria checks 5/6
artience has a total shareholder equity of ¥263.8B and total debt of ¥82.9B, which brings its debt-to-equity ratio to 31.4%. Its total assets and total liabilities are ¥457.9B and ¥194.1B respectively. artience's EBIT is ¥15.8B making its interest coverage ratio 52.4. It has cash and short-term investments of ¥55.8B.
Key information
31.4%
Debt to equity ratio
JP¥82.88b
Debt
Interest coverage ratio | 52.4x |
Cash | JP¥55.77b |
Equity | JP¥263.84b |
Total liabilities | JP¥194.06b |
Total assets | JP¥457.91b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4634's short term assets (¥233.4B) exceed its short term liabilities (¥116.7B).
Long Term Liabilities: 4634's short term assets (¥233.4B) exceed its long term liabilities (¥77.3B).
Debt to Equity History and Analysis
Debt Level: 4634's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: 4634's debt to equity ratio has increased from 26.7% to 31.4% over the past 5 years.
Debt Coverage: 4634's debt is well covered by operating cash flow (28.3%).
Interest Coverage: 4634's interest payments on its debt are well covered by EBIT (52.4x coverage).