Arata Balance Sheet Health
Financial Health criteria checks 6/6
Arata has a total shareholder equity of ¥108.1B and total debt of ¥38.6B, which brings its debt-to-equity ratio to 35.7%. Its total assets and total liabilities are ¥336.8B and ¥228.7B respectively. Arata's EBIT is ¥15.1B making its interest coverage ratio 631.1. It has cash and short-term investments of ¥21.7B.
Key information
35.7%
Debt to equity ratio
JP¥38.57b
Debt
Interest coverage ratio | 631.1x |
Cash | JP¥21.70b |
Equity | JP¥108.07b |
Total liabilities | JP¥228.72b |
Total assets | JP¥336.79b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2733's short term assets (¥263.4B) exceed its short term liabilities (¥191.7B).
Long Term Liabilities: 2733's short term assets (¥263.4B) exceed its long term liabilities (¥37.0B).
Debt to Equity History and Analysis
Debt Level: 2733's net debt to equity ratio (15.6%) is considered satisfactory.
Reducing Debt: 2733's debt to equity ratio has reduced from 59.8% to 35.7% over the past 5 years.
Debt Coverage: 2733's debt is well covered by operating cash flow (46.3%).
Interest Coverage: 2733's interest payments on its debt are well covered by EBIT (631.1x coverage).