Arakawa Chemical Industries Balance Sheet Health
Financial Health criteria checks 2/6
Arakawa Chemical Industries has a total shareholder equity of ¥56.7B and total debt of ¥42.0B, which brings its debt-to-equity ratio to 74.2%. Its total assets and total liabilities are ¥124.9B and ¥68.3B respectively.
Key information
74.2%
Debt to equity ratio
JP¥42.04b
Debt
Interest coverage ratio | n/a |
Cash | JP¥12.38b |
Equity | JP¥56.66b |
Total liabilities | JP¥68.28b |
Total assets | JP¥124.94b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4968's short term assets (¥65.8B) exceed its short term liabilities (¥42.4B).
Long Term Liabilities: 4968's short term assets (¥65.8B) exceed its long term liabilities (¥25.9B).
Debt to Equity History and Analysis
Debt Level: 4968's net debt to equity ratio (52.4%) is considered high.
Reducing Debt: 4968's debt to equity ratio has increased from 25.9% to 74.2% over the past 5 years.
Debt Coverage: 4968's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 4968's interest payments on its debt are well covered by EBIT.