Access Group Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Access Group Holdings has a total shareholder equity of ¥947.0M and total debt of ¥780.0M, which brings its debt-to-equity ratio to 82.4%. Its total assets and total liabilities are ¥2.4B and ¥1.5B respectively. Access Group Holdings's EBIT is ¥139.0M making its interest coverage ratio 10.7. It has cash and short-term investments of ¥1.5B.
Key information
82.4%
Debt to equity ratio
JP¥780.00m
Debt
| Interest coverage ratio | 10.7x |
| Cash | JP¥1.51b |
| Equity | JP¥947.00m |
| Total liabilities | JP¥1.50b |
| Total assets | JP¥2.45b |
Financial Position Analysis
Short Term Liabilities: 7042's short term assets (¥2.2B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 7042's short term assets (¥2.2B) exceed its long term liabilities (¥371.0M).
Debt to Equity History and Analysis
Debt Level: 7042 has more cash than its total debt.
Reducing Debt: 7042's debt to equity ratio has reduced from 85.6% to 82.4% over the past 5 years.
Debt Coverage: 7042's debt is well covered by operating cash flow (31.3%).
Interest Coverage: 7042's interest payments on its debt are well covered by EBIT (10.7x coverage).