Arbeit-Times Balance Sheet Health
Financial Health criteria checks 6/6
Arbeit-Times has a total shareholder equity of ¥3.3B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥3.9B and ¥620.0M respectively. Arbeit-Times's EBIT is ¥43.0M making its interest coverage ratio -5.4. It has cash and short-term investments of ¥2.0B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -5.4x |
| Cash | JP¥2.02b |
| Equity | JP¥3.27b |
| Total liabilities | JP¥620.00m |
| Total assets | JP¥3.89b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2341's short term assets (¥2.5B) exceed its short term liabilities (¥592.0M).
Long Term Liabilities: 2341's short term assets (¥2.5B) exceed its long term liabilities (¥28.0M).
Debt to Equity History and Analysis
Debt Level: 2341 is debt free.
Reducing Debt: 2341 has not had any debt for past 5 years.
Debt Coverage: 2341 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2341 has no debt, therefore coverage of interest payments is not a concern.