Axas HoldingsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Axas HoldingsLtd has a total shareholder equity of ¥1.9B and total debt of ¥14.0B, which brings its debt-to-equity ratio to 733.7%. Its total assets and total liabilities are ¥17.6B and ¥15.7B respectively. Axas HoldingsLtd's EBIT is ¥1,000.0K making its interest coverage ratio 0. It has cash and short-term investments of ¥1.1B.
Key information
733.7%
Debt to equity ratio
JP¥13.98b
Debt
Interest coverage ratio | 0.01x |
Cash | JP¥1.12b |
Equity | JP¥1.91b |
Total liabilities | JP¥15.70b |
Total assets | JP¥17.60b |
Recent financial health updates
Recent updates
What To Know Before Buying Axas Holdings Co.,Ltd. (TYO:3536) For Its Dividend
May 09I Ran A Stock Scan For Earnings Growth And Axas HoldingsLtd (TYO:3536) Passed With Ease
Apr 18Axas HoldingsLtd (TYO:3536) Is Looking To Continue Growing Its Returns On Capital
Mar 22Is Axas HoldingsLtd (TYO:3536) Using Too Much Debt?
Feb 23Should We Be Delighted With Axas Holdings Co.,Ltd.'s (TYO:3536) ROE Of 28%?
Jan 28We're Not So Sure You Should Rely on Axas HoldingsLtd's (TYO:3536) Statutory Earnings
Jan 02What We Make Of Axas HoldingsLtd's (TYO:3536) Returns On Capital
Dec 07Financial Position Analysis
Short Term Liabilities: 3536's short term assets (¥6.4B) do not cover its short term liabilities (¥10.0B).
Long Term Liabilities: 3536's short term assets (¥6.4B) exceed its long term liabilities (¥5.7B).
Debt to Equity History and Analysis
Debt Level: 3536's net debt to equity ratio (675.1%) is considered high.
Reducing Debt: 3536's debt to equity ratio has increased from 540% to 733.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 3536 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3536 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21.8% per year.