Adastria Balance Sheet Health
Financial Health criteria checks 6/6
Adastria has a total shareholder equity of ¥76.2B and total debt of ¥1.1B, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ¥132.5B and ¥56.3B respectively. Adastria's EBIT is ¥17.6B making its interest coverage ratio 81.2. It has cash and short-term investments of ¥20.6B.
Key information
1.4%
Debt to equity ratio
JP¥1.10b
Debt
| Interest coverage ratio | 81.2x |
| Cash | JP¥20.63b |
| Equity | JP¥76.16b |
| Total liabilities | JP¥56.31b |
| Total assets | JP¥132.47b |
Recent financial health updates
Recent updates
Adastria Co., Ltd. Just Recorded A 14% EPS Beat: Here's What Analysts Are Forecasting Next
Oct 03
Adastria (TSE:2685) Could Easily Take On More Debt
Sep 11Adastria (TSE:2685) Will Pay A Dividend Of ¥35.00
Jul 22Adastria (TSE:2685) Is Due To Pay A Dividend Of ¥35.00
Jun 20Adastria's (TSE:2685) Dividend Will Be ¥35.00
Jun 06Here's Why We Think Adastria (TSE:2685) Is Well Worth Watching
May 30Why 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 (¥65.4B) exceed its short term liabilities (¥46.4B).
Long Term Liabilities: 2685's short term assets (¥65.4B) exceed its long term liabilities (¥9.9B).
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 4.2% to 1.4% over the past 5 years.
Debt Coverage: 2685's debt is well covered by operating cash flow (2007.4%).
Interest Coverage: 2685's interest payments on its debt are well covered by EBIT (81.2x coverage).