Advance Residence Investment Balance Sheet Health
Financial Health criteria checks 2/6
Advance Residence Investment has a total shareholder equity of ¥230.8B and total debt of ¥233.3B, which brings its debt-to-equity ratio to 101.1%. Its total assets and total liabilities are ¥471.3B and ¥240.5B respectively. Advance Residence Investment's EBIT is ¥17.6B making its interest coverage ratio 10.2. It has cash and short-term investments of ¥17.7B.
Key information
101.1%
Debt to equity ratio
JP¥233.31b
Debt
Interest coverage ratio | 10.2x |
Cash | JP¥17.67b |
Equity | JP¥230.78b |
Total liabilities | JP¥240.51b |
Total assets | JP¥471.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3269's short term assets (¥28.3B) do not cover its short term liabilities (¥29.6B).
Long Term Liabilities: 3269's short term assets (¥28.3B) do not cover its long term liabilities (¥211.0B).
Debt to Equity History and Analysis
Debt Level: 3269's net debt to equity ratio (93.4%) is considered high.
Reducing Debt: 3269's debt to equity ratio has reduced from 102.4% to 101.1% over the past 5 years.
Debt Coverage: 3269's debt is not well covered by operating cash flow (11%).
Interest Coverage: 3269's interest payments on its debt are well covered by EBIT (10.2x coverage).