Adways Balance Sheet Health
Financial Health criteria checks 6/6
Adways has a total shareholder equity of ¥14.5B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥23.2B and ¥8.7B respectively. Adways's EBIT is ¥345.0M making its interest coverage ratio -2.9. It has cash and short-term investments of ¥9.7B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -2.9x |
| Cash | JP¥9.73b |
| Equity | JP¥14.50b |
| Total liabilities | JP¥8.69b |
| Total assets | JP¥23.18b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2489's short term assets (¥18.1B) exceed its short term liabilities (¥8.5B).
Long Term Liabilities: 2489's short term assets (¥18.1B) exceed its long term liabilities (¥216.0M).
Debt to Equity History and Analysis
Debt Level: 2489 is debt free.
Reducing Debt: 2489 has not had any debt for past 5 years.
Debt Coverage: 2489 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2489 has no debt, therefore coverage of interest payments is not a concern.