AzplanningLtd Balance Sheet Health
Financial Health criteria checks 4/6
AzplanningLtd has a total shareholder equity of ¥2.5B and total debt of ¥6.7B, which brings its debt-to-equity ratio to 268.7%. Its total assets and total liabilities are ¥9.9B and ¥7.4B respectively. AzplanningLtd's EBIT is ¥664.0M making its interest coverage ratio 5.5. It has cash and short-term investments of ¥3.9B.
Key information
268.7%
Debt to equity ratio
JP¥6.70b
Debt
Interest coverage ratio | 5.5x |
Cash | JP¥3.91b |
Equity | JP¥2.50b |
Total liabilities | JP¥7.44b |
Total assets | JP¥9.93b |
Recent financial health updates
Here's Why AzplanningLtd (TYO:3490) Has A Meaningful Debt Burden
Apr 14Is AzplanningLtd (TYO:3490) Using Too Much Debt?
Dec 16Recent updates
AzplanningLtd (TSE:3490) Is Posting Healthy Earnings, But It Is Not All Good News
Apr 19Here's Why AzplanningLtd (TYO:3490) Has A Meaningful Debt Burden
Apr 14Insufficient Growth At Azplanning Co.,Ltd. (TYO:3490) Hampers Share Price
Feb 24Is Azplanning Co.,Ltd.'s (TYO:3490) 12% ROE Better Than Average?
Jan 20Is AzplanningLtd (TYO:3490) Using Too Much Debt?
Dec 16Financial Position Analysis
Short Term Liabilities: 3490's short term assets (¥9.3B) exceed its short term liabilities (¥4.4B).
Long Term Liabilities: 3490's short term assets (¥9.3B) exceed its long term liabilities (¥3.0B).
Debt to Equity History and Analysis
Debt Level: 3490's net debt to equity ratio (112.1%) is considered high.
Reducing Debt: 3490's debt to equity ratio has reduced from 297.6% to 268.7% over the past 5 years.
Debt Coverage: 3490's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3490's interest payments on its debt are well covered by EBIT (5.5x coverage).