Araya Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Araya Industrial has a total shareholder equity of ¥35.4B and total debt of ¥5.6B, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are ¥57.2B and ¥21.8B respectively. Araya Industrial's EBIT is ¥1.7B making its interest coverage ratio -6.7. It has cash and short-term investments of ¥9.8B.
Key information
15.9%
Debt to equity ratio
JP¥5.63b
Debt
| Interest coverage ratio | -6.7x |
| Cash | JP¥9.83b |
| Equity | JP¥35.41b |
| Total liabilities | JP¥21.82b |
| Total assets | JP¥57.23b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7305's short term assets (¥33.3B) exceed its short term liabilities (¥17.4B).
Long Term Liabilities: 7305's short term assets (¥33.3B) exceed its long term liabilities (¥4.4B).
Debt to Equity History and Analysis
Debt Level: 7305 has more cash than its total debt.
Reducing Debt: 7305's debt to equity ratio has reduced from 22.1% to 15.9% over the past 5 years.
Debt Coverage: 7305's debt is well covered by operating cash flow (67.8%).
Interest Coverage: 7305 earns more interest than it pays, so coverage of interest payments is not a concern.