Astena Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Astena Holdings has a total shareholder equity of ¥29.2B and total debt of ¥15.7B, which brings its debt-to-equity ratio to 53.7%. Its total assets and total liabilities are ¥66.7B and ¥37.5B respectively. Astena Holdings's EBIT is ¥2.4B making its interest coverage ratio 815. It has cash and short-term investments of ¥5.0B.
Key information
53.7%
Debt to equity ratio
JP¥15.67b
Debt
| Interest coverage ratio | 815x |
| Cash | JP¥4.96b |
| Equity | JP¥29.19b |
| Total liabilities | JP¥37.53b |
| Total assets | JP¥66.72b |
Financial Position Analysis
Short Term Liabilities: 8095's short term assets (¥37.0B) exceed its short term liabilities (¥29.9B).
Long Term Liabilities: 8095's short term assets (¥37.0B) exceed its long term liabilities (¥7.7B).
Debt to Equity History and Analysis
Debt Level: 8095's net debt to equity ratio (36.7%) is considered satisfactory.
Reducing Debt: 8095's debt to equity ratio has increased from 24.8% to 53.7% over the past 5 years.
Debt Coverage: 8095's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: 8095's interest payments on its debt are well covered by EBIT (815x coverage).