Advance Logistics Investment Balance Sheet Health
Financial Health criteria checks 1/6
Advance Logistics Investment has a total shareholder equity of ¥74.3B and total debt of ¥57.4B, which brings its debt-to-equity ratio to 77.3%. Its total assets and total liabilities are ¥135.2B and ¥60.9B respectively. Advance Logistics Investment's EBIT is ¥3.7B making its interest coverage ratio 10.7. It has cash and short-term investments of ¥3.5B.
Key information
77.3%
Debt to equity ratio
JP¥57.42b
Debt
Interest coverage ratio | 10.7x |
Cash | JP¥3.54b |
Equity | JP¥74.31b |
Total liabilities | JP¥60.87b |
Total assets | JP¥135.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3493's short term assets (¥8.2B) do not cover its short term liabilities (¥12.1B).
Long Term Liabilities: 3493's short term assets (¥8.2B) do not cover its long term liabilities (¥48.8B).
Debt to Equity History and Analysis
Debt Level: 3493's net debt to equity ratio (72.5%) is considered high.
Reducing Debt: 3493's debt to equity ratio has increased from 62.1% to 77.3% over the past 5 years.
Debt Coverage: 3493's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: 3493's interest payments on its debt are well covered by EBIT (10.7x coverage).