Akatsuki Balance Sheet Health
Financial Health criteria checks 6/6
Akatsuki has a total shareholder equity of ¥41.2B and total debt of ¥7.1B, which brings its debt-to-equity ratio to 17.2%. Its total assets and total liabilities are ¥53.1B and ¥11.9B respectively. Akatsuki's EBIT is ¥3.7B making its interest coverage ratio -307.3. It has cash and short-term investments of ¥31.9B.
Key information
17.2%
Debt to equity ratio
JP¥7.10b
Debt
| Interest coverage ratio | -307.3x |
| Cash | JP¥31.94b |
| Equity | JP¥41.19b |
| Total liabilities | JP¥11.90b |
| Total assets | JP¥53.09b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3932's short term assets (¥40.5B) exceed its short term liabilities (¥6.4B).
Long Term Liabilities: 3932's short term assets (¥40.5B) exceed its long term liabilities (¥5.5B).
Debt to Equity History and Analysis
Debt Level: 3932 has more cash than its total debt.
Reducing Debt: 3932's debt to equity ratio has reduced from 28.5% to 17.2% over the past 5 years.
Debt Coverage: 3932's debt is well covered by operating cash flow (27.2%).
Interest Coverage: 3932 earns more interest than it pays, so coverage of interest payments is not a concern.