Star Asia Investment Balance Sheet Health
Financial Health criteria checks 1/6
Star Asia Investment has a total shareholder equity of ¥127.1B and total debt of ¥123.1B, which brings its debt-to-equity ratio to 96.9%. Its total assets and total liabilities are ¥259.2B and ¥132.0B respectively. Star Asia Investment's EBIT is ¥7.9B making its interest coverage ratio 8. It has cash and short-term investments of ¥2.5B.
Key information
96.9%
Debt to equity ratio
JP¥123.14b
Debt
Interest coverage ratio | 8x |
Cash | JP¥2.47b |
Equity | JP¥127.13b |
Total liabilities | JP¥132.03b |
Total assets | JP¥259.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3468's short term assets (¥13.5B) do not cover its short term liabilities (¥17.4B).
Long Term Liabilities: 3468's short term assets (¥13.5B) do not cover its long term liabilities (¥114.6B).
Debt to Equity History and Analysis
Debt Level: 3468's net debt to equity ratio (94.9%) is considered high.
Reducing Debt: 3468's debt to equity ratio has increased from 95.4% to 96.9% over the past 5 years.
Debt Coverage: 3468's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: 3468's interest payments on its debt are well covered by EBIT (8x coverage).