Araya Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Araya Industrial has a total shareholder equity of ¥34.1B and total debt of ¥6.2B, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are ¥56.3B and ¥22.2B respectively. Araya Industrial's EBIT is ¥2.5B making its interest coverage ratio -10.8. It has cash and short-term investments of ¥8.6B.
Key information
18.0%
Debt to equity ratio
JP¥6.15b
Debt
Interest coverage ratio | -10.8x |
Cash | JP¥8.62b |
Equity | JP¥34.14b |
Total liabilities | JP¥22.16b |
Total assets | JP¥56.29b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7305's short term assets (¥34.1B) exceed its short term liabilities (¥17.0B).
Long Term Liabilities: 7305's short term assets (¥34.1B) exceed its long term liabilities (¥5.1B).
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 18.2% to 18% over the past 5 years.
Debt Coverage: 7305's debt is well covered by operating cash flow (41.1%).
Interest Coverage: 7305 earns more interest than it pays, so coverage of interest payments is not a concern.