ABC-MartInc Balance Sheet Health
Financial Health criteria checks 6/6
ABC-MartInc has a total shareholder equity of ¥362.1B and total debt of ¥2.9B, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ¥417.7B and ¥55.6B respectively. ABC-MartInc's EBIT is ¥60.4B making its interest coverage ratio -47.1. It has cash and short-term investments of ¥197.0B.
Key information
0.8%
Debt to equity ratio
JP¥2.92b
Debt
| Interest coverage ratio | -47.1x |
| Cash | JP¥197.05b |
| Equity | JP¥362.11b |
| Total liabilities | JP¥55.61b |
| Total assets | JP¥417.71b |
Recent financial health updates
ABC-MartInc (TSE:2670) Seems To Use Debt Rather Sparingly
Oct 05
Is ABC-MartInc (TSE:2670) Using Too Much Debt?
Jun 06Recent updates
Results: ABC-Mart,Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Oct 12ABC-MartInc (TSE:2670) Seems To Use Debt Rather Sparingly
Oct 05ABC-Mart,Inc.'s (TSE:2670) Business Is Yet to Catch Up With Its Share Price
Sep 07ABC-MartInc (TSE:2670) Will Pay A Smaller Dividend Than Last Year
Aug 06ABC-MartInc (TSE:2670) Hasn't Managed To Accelerate Its Returns
Aug 05ABC-MartInc's (TSE:2670) Dividend Will Be Reduced To ¥33.00
Jul 22Estimating The Intrinsic Value Of ABC-Mart,Inc. (TSE:2670)
Jul 19ABC-MartInc's (TSE:2670) Dividend Will Be Reduced To ¥33.00
Jul 04Is ABC-MartInc (TSE:2670) Using Too Much Debt?
Jun 06With EPS Growth And More, ABC-MartInc (TSE:2670) Makes An Interesting Case
May 10Risks To Shareholder Returns Are Elevated At These Prices For ABC-Mart,Inc. (TSE:2670)
Apr 26ABC-Mart,Inc. (TSE:2670) Just Released Its Yearly Earnings: Here's What Analysts Think
Apr 13Return Trends At ABC-MartInc (TSE:2670) Aren't Appealing
Apr 03Calculating The Fair Value Of ABC-Mart,Inc. (TSE:2670)
Mar 20Financial Position Analysis
Short Term Liabilities: 2670's short term assets (¥316.6B) exceed its short term liabilities (¥54.0B).
Long Term Liabilities: 2670's short term assets (¥316.6B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 2670 has more cash than its total debt.
Reducing Debt: 2670's debt to equity ratio has reduced from 1.2% to 0.8% over the past 5 years.
Debt Coverage: 2670's debt is well covered by operating cash flow (2156%).
Interest Coverage: 2670 earns more interest than it pays, so coverage of interest payments is not a concern.