A.D.Works GroupLtd Balance Sheet Health
Financial Health criteria checks 3/6
A.D.Works GroupLtd has a total shareholder equity of ¥18.5B and total debt of ¥40.6B, which brings its debt-to-equity ratio to 219.7%. Its total assets and total liabilities are ¥64.6B and ¥46.1B respectively. A.D.Works GroupLtd's EBIT is ¥2.9B making its interest coverage ratio 5.6. It has cash and short-term investments of ¥9.6B.
Key information
219.7%
Debt to equity ratio
JP¥40.57b
Debt
| Interest coverage ratio | 5.6x |
| Cash | JP¥9.61b |
| Equity | JP¥18.46b |
| Total liabilities | JP¥46.11b |
| Total assets | JP¥64.57b |
Financial Position Analysis
Short Term Liabilities: 2982's short term assets (¥55.6B) exceed its short term liabilities (¥12.0B).
Long Term Liabilities: 2982's short term assets (¥55.6B) exceed its long term liabilities (¥34.1B).
Debt to Equity History and Analysis
Debt Level: 2982's net debt to equity ratio (167.7%) is considered high.
Reducing Debt: Insufficient data to determine if 2982's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2982's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2982's interest payments on its debt are well covered by EBIT (5.6x coverage).