Artgreen.Ltd Balance Sheet Health
Financial Health criteria checks 4/6
Artgreen.Ltd has a total shareholder equity of ¥510.0M and total debt of ¥450.0M, which brings its debt-to-equity ratio to 88.2%. Its total assets and total liabilities are ¥1.2B and ¥653.0M respectively. Artgreen.Ltd's EBIT is ¥24.0M making its interest coverage ratio 4.8. It has cash and short-term investments of ¥558.0M.
Key information
88.2%
Debt to equity ratio
JP¥450.00m
Debt
Interest coverage ratio | 4.8x |
Cash | JP¥558.00m |
Equity | JP¥510.00m |
Total liabilities | JP¥653.00m |
Total assets | JP¥1.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3419's short term assets (¥998.0M) exceed its short term liabilities (¥382.0M).
Long Term Liabilities: 3419's short term assets (¥998.0M) exceed its long term liabilities (¥271.0M).
Debt to Equity History and Analysis
Debt Level: 3419 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 3419's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 3419's debt is not well covered by operating cash flow (1.3%).
Interest Coverage: 3419's interest payments on its debt are well covered by EBIT (4.8x coverage).