atect Balance Sheet Health
Financial Health criteria checks 4/6
atect has a total shareholder equity of ¥2.1B and total debt of ¥2.5B, which brings its debt-to-equity ratio to 117.7%. Its total assets and total liabilities are ¥5.5B and ¥3.4B respectively. atect's EBIT is ¥137.0M making its interest coverage ratio 15.2. It has cash and short-term investments of ¥647.0M.
Key information
117.7%
Debt to equity ratio
JP¥2.47b
Debt
| Interest coverage ratio | 15.2x |
| Cash | JP¥647.00m |
| Equity | JP¥2.10b |
| Total liabilities | JP¥3.37b |
| Total assets | JP¥5.47b |
Financial Position Analysis
Short Term Liabilities: 4241's short term assets (¥1.7B) exceed its short term liabilities (¥1.6B).
Long Term Liabilities: 4241's short term assets (¥1.7B) do not cover its long term liabilities (¥1.8B).
Debt to Equity History and Analysis
Debt Level: 4241's net debt to equity ratio (86.9%) is considered high.
Reducing Debt: 4241's debt to equity ratio has reduced from 199% to 117.7% over the past 5 years.
Debt Coverage: 4241's debt is well covered by operating cash flow (26.1%).
Interest Coverage: 4241's interest payments on its debt are well covered by EBIT (15.2x coverage).