Aida SekkeiLtd Balance Sheet Health
Financial Health criteria checks 2/6
Aida SekkeiLtd has a total shareholder equity of ¥12.6B and total debt of ¥41.4B, which brings its debt-to-equity ratio to 329.3%. Its total assets and total liabilities are ¥66.9B and ¥54.3B respectively. Aida SekkeiLtd's EBIT is ¥807.0M making its interest coverage ratio 1.1. It has cash and short-term investments of ¥5.5B.
Key information
329.3%
Debt to equity ratio
JP¥41.37b
Debt
| Interest coverage ratio | 1.1x |
| Cash | JP¥5.54b |
| Equity | JP¥12.56b |
| Total liabilities | JP¥54.35b |
| Total assets | JP¥66.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2990's short term assets (¥54.7B) exceed its short term liabilities (¥38.9B).
Long Term Liabilities: 2990's short term assets (¥54.7B) exceed its long term liabilities (¥15.5B).
Debt to Equity History and Analysis
Debt Level: 2990's net debt to equity ratio (285.2%) is considered high.
Reducing Debt: 2990's debt to equity ratio has increased from 306.8% to 329.3% over the past 5 years.
Debt Coverage: 2990's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2990's interest payments on its debt are not well covered by EBIT (1.1x coverage).