Adastria Balance Sheet Health
Financial Health criteria checks 6/6
Adastria has a total shareholder equity of ¥74.3B and total debt of ¥1.2B, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are ¥131.2B and ¥56.9B respectively. Adastria's EBIT is ¥17.8B making its interest coverage ratio 79.6. It has cash and short-term investments of ¥20.2B.
Key information
1.6%
Debt to equity ratio
JP¥1.22b
Debt
| Interest coverage ratio | 79.6x |
| Cash | JP¥20.16b |
| Equity | JP¥74.25b |
| Total liabilities | JP¥56.92b |
| Total assets | JP¥131.17b |
Recent financial health updates
Recent updates
Adastria (TSE:2685) Could Easily Take On More Debt
Sep 11
Adastria (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 (¥70.0B) exceed its short term liabilities (¥48.8B).
Long Term Liabilities: 2685's short term assets (¥70.0B) exceed its long term liabilities (¥8.1B).
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 1.6% over the past 5 years.
Debt Coverage: 2685's debt is well covered by operating cash flow (1829.1%).
Interest Coverage: 2685's interest payments on its debt are well covered by EBIT (79.6x coverage).