Access Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Access Group Holdings has a total shareholder equity of ¥497.0M and total debt of ¥1.2B, which brings its debt-to-equity ratio to 235.2%. Its total assets and total liabilities are ¥2.2B and ¥1.7B respectively. Access Group Holdings's EBIT is ¥181.0M making its interest coverage ratio 9.5. It has cash and short-term investments of ¥1.3B.
Key information
235.2%
Debt to equity ratio
JP¥1.17b
Debt
| Interest coverage ratio | 9.5x |
| Cash | JP¥1.27b |
| Equity | JP¥497.00m |
| Total liabilities | JP¥1.71b |
| Total assets | JP¥2.21b |
Financial Position Analysis
Short Term Liabilities: 7042's short term assets (¥2.0B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 7042's short term assets (¥2.0B) exceed its long term liabilities (¥374.0M).
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 increased from 76.9% to 235.2% over the past 5 years.
Debt Coverage: 7042's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7042's interest payments on its debt are well covered by EBIT (9.5x coverage).