Adastria Balance Sheet Health
Financial Health criteria checks 6/6
Adastria has a total shareholder equity of ¥71.6B and total debt of ¥905.0M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are ¥127.9B and ¥56.3B respectively. Adastria's EBIT is ¥18.0B making its interest coverage ratio 81.5. It has cash and short-term investments of ¥23.4B.
Key information
1.3%
Debt to equity ratio
JP¥905.00m
Debt
Interest coverage ratio | 81.5x |
Cash | JP¥23.37b |
Equity | JP¥71.58b |
Total liabilities | JP¥56.34b |
Total assets | JP¥127.92b |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By Adastria Co., Ltd.'s (TSE:2685) Low P/E
Apr 24Adastria Co., Ltd. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Apr 07Adastria (TSE:2685) Is Investing Its Capital With Increasing Efficiency
Apr 05Adastria's (TSE:2685) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 27Financial Position Analysis
Short Term Liabilities: 2685's short term assets (¥68.7B) exceed its short term liabilities (¥48.5B).
Long Term Liabilities: 2685's short term assets (¥68.7B) exceed its long term liabilities (¥7.8B).
Debt to Equity History and Analysis
Debt Level: 2685 has more cash than its total debt.
Reducing Debt: 2685's debt to equity ratio has reduced from 4.8% to 1.3% over the past 5 years.
Debt Coverage: 2685's debt is well covered by operating cash flow (2455.6%).
Interest Coverage: 2685's interest payments on its debt are well covered by EBIT (81.5x coverage).