Arata Balance Sheet Health
Financial Health criteria checks 5/6
Arata has a total shareholder equity of ¥112.7B and total debt of ¥35.8B, which brings its debt-to-equity ratio to 31.7%. Its total assets and total liabilities are ¥308.9B and ¥196.2B respectively. Arata's EBIT is ¥14.7B making its interest coverage ratio 126.8. It has cash and short-term investments of ¥23.1B.
Key information
31.7%
Debt to equity ratio
JP¥35.75b
Debt
| Interest coverage ratio | 126.8x |
| Cash | JP¥23.06b |
| Equity | JP¥112.68b |
| Total liabilities | JP¥196.23b |
| Total assets | JP¥308.90b |
Financial Position Analysis
Short Term Liabilities: 2733's short term assets (¥235.1B) exceed its short term liabilities (¥160.9B).
Long Term Liabilities: 2733's short term assets (¥235.1B) exceed its long term liabilities (¥35.4B).
Debt to Equity History and Analysis
Debt Level: 2733's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: 2733's debt to equity ratio has reduced from 54% to 31.7% over the past 5 years.
Debt Coverage: 2733's debt is not well covered by operating cash flow (14.5%).
Interest Coverage: 2733's interest payments on its debt are well covered by EBIT (126.8x coverage).