Star Asia Investment Balance Sheet Health
Financial Health criteria checks 1/6
Star Asia Investment has a total shareholder equity of ¥127.5B and total debt of ¥121.8B, which brings its debt-to-equity ratio to 95.6%. Its total assets and total liabilities are ¥258.7B and ¥131.2B respectively. Star Asia Investment's EBIT is ¥8.6B making its interest coverage ratio 8.9. It has cash and short-term investments of ¥3.4B.
Key information
95.6%
Debt to equity ratio
JP¥121.84b
Debt
| Interest coverage ratio | 8.9x |
| Cash | JP¥3.38b |
| Equity | JP¥127.47b |
| Total liabilities | JP¥131.20b |
| Total assets | JP¥258.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3468's short term assets (¥13.1B) do not cover its short term liabilities (¥15.3B).
Long Term Liabilities: 3468's short term assets (¥13.1B) do not cover its long term liabilities (¥115.9B).
Debt to Equity History and Analysis
Debt Level: 3468's net debt to equity ratio (92.9%) is considered high.
Reducing Debt: 3468's debt to equity ratio has increased from 94.2% to 95.6% over the past 5 years.
Debt Coverage: 3468's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: 3468's interest payments on its debt are well covered by EBIT (8.9x coverage).