Arata Balance Sheet Health
Financial Health criteria checks 6/6
Arata has a total shareholder equity of ¥109.7B and total debt of ¥32.5B, which brings its debt-to-equity ratio to 29.6%. Its total assets and total liabilities are ¥317.0B and ¥207.3B respectively. Arata's EBIT is ¥14.5B making its interest coverage ratio 226.7. It has cash and short-term investments of ¥27.9B.
Key information
29.6%
Debt to equity ratio
JP¥32.47b
Debt
Interest coverage ratio | 226.7x |
Cash | JP¥27.92b |
Equity | JP¥109.72b |
Total liabilities | JP¥207.26b |
Total assets | JP¥316.98b |
Financial Position Analysis
Short Term Liabilities: 2733's short term assets (¥242.7B) exceed its short term liabilities (¥170.6B).
Long Term Liabilities: 2733's short term assets (¥242.7B) exceed its long term liabilities (¥36.6B).
Debt to Equity History and Analysis
Debt Level: 2733's net debt to equity ratio (4.1%) is considered satisfactory.
Reducing Debt: 2733's debt to equity ratio has reduced from 45.4% to 29.6% over the past 5 years.
Debt Coverage: 2733's debt is well covered by operating cash flow (43.3%).
Interest Coverage: 2733's interest payments on its debt are well covered by EBIT (226.7x coverage).