ARE Holdings Balance Sheet Health
Financial Health criteria checks 4/6
ARE Holdings has a total shareholder equity of ¥129.8B and total debt of ¥196.2B, which brings its debt-to-equity ratio to 151.2%. Its total assets and total liabilities are ¥371.5B and ¥241.7B respectively. ARE Holdings's EBIT is ¥13.6B making its interest coverage ratio 2711.4. It has cash and short-term investments of ¥19.4B.
Key information
151.2%
Debt to equity ratio
JP¥196.20b
Debt
| Interest coverage ratio | 2711.4x |
| Cash | JP¥19.38b |
| Equity | JP¥129.78b |
| Total liabilities | JP¥241.68b |
| Total assets | JP¥371.46b |
Recent financial health updates
No updates
Recent updates
ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥40.00
Dec 13
Why ARE Holdings' (TSE:5857) Earnings Are Better Than They Seem
Nov 26ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥40.00
Nov 17ARE Holdings' (TSE:5857) Dividend Will Be ¥45.00
Mar 28ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥45.00
Mar 13ARE Holdings (TSE:5857) Has Affirmed Its Dividend Of ¥45.00
Feb 28Financial Position Analysis
Short Term Liabilities: 5857's short term assets (¥305.8B) exceed its short term liabilities (¥169.0B).
Long Term Liabilities: 5857's short term assets (¥305.8B) exceed its long term liabilities (¥72.7B).
Debt to Equity History and Analysis
Debt Level: 5857's net debt to equity ratio (136.3%) is considered high.
Reducing Debt: 5857's debt to equity ratio has reduced from 160.4% to 151.2% over the past 5 years.
Debt Coverage: 5857's debt is not well covered by operating cash flow (6.8%).
Interest Coverage: 5857's interest payments on its debt are well covered by EBIT (2711.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 03:23 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ARE Holdings, Inc. is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Daiwa Securities Co. Ltd. |
| Jiro Kojima | Daiwa Securities Co. Ltd. |
| Takashi Watanabe | Goldman Sachs |