ARE Holdings Balance Sheet Health
Financial Health criteria checks 3/6
ARE Holdings has a total shareholder equity of ¥126.5B and total debt of ¥141.2B, which brings its debt-to-equity ratio to 111.6%. Its total assets and total liabilities are ¥318.0B and ¥191.5B respectively. ARE Holdings's EBIT is ¥12.4B making its interest coverage ratio -209.6. It has cash and short-term investments of ¥24.6B.
Key information
111.6%
Debt to equity ratio
JP¥141.16b
Debt
Interest coverage ratio | -209.6x |
Cash | JP¥24.64b |
Equity | JP¥126.48b |
Total liabilities | JP¥191.52b |
Total assets | JP¥318.00b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5857's short term assets (¥253.8B) exceed its short term liabilities (¥108.0B).
Long Term Liabilities: 5857's short term assets (¥253.8B) exceed its long term liabilities (¥83.5B).
Debt to Equity History and Analysis
Debt Level: 5857's net debt to equity ratio (92.1%) is considered high.
Reducing Debt: 5857's debt to equity ratio has increased from 94.1% to 111.6% over the past 5 years.
Debt Coverage: 5857's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: 5857 earns more interest than it pays, so coverage of interest payments is not a concern.