Axas HoldingsLtd Balance Sheet Health
Financial Health criteria checks 1/6
Axas HoldingsLtd has a total shareholder equity of ¥2.0B and total debt of ¥13.1B, which brings its debt-to-equity ratio to 645.5%. Its total assets and total liabilities are ¥16.6B and ¥14.6B respectively. Axas HoldingsLtd's EBIT is ¥14.0M making its interest coverage ratio 0.1. It has cash and short-term investments of ¥1.3B.
Key information
645.5%
Debt to equity ratio
JP¥13.07b
Debt
| Interest coverage ratio | 0.1x |
| Cash | JP¥1.35b |
| Equity | JP¥2.03b |
| Total liabilities | JP¥14.58b |
| Total assets | JP¥16.61b |
Recent financial health updates
Recent updates
What To Know Before Buying Axas Holdings Co.,Ltd. (TYO:3536) For Its Dividend
May 09
I 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 02
What We Make Of Axas HoldingsLtd's (TYO:3536) Returns On Capital
Dec 07Financial Position Analysis
Short Term Liabilities: 3536's short term assets (¥6.2B) do not cover its short term liabilities (¥9.8B).
Long Term Liabilities: 3536's short term assets (¥6.2B) exceed its long term liabilities (¥4.8B).
Debt to Equity History and Analysis
Debt Level: 3536's net debt to equity ratio (578.9%) is considered high.
Reducing Debt: 3536's debt to equity ratio has increased from 643.7% to 645.5% over the past 5 years.
Debt Coverage: 3536's debt is not well covered by operating cash flow (5.7%).
Interest Coverage: 3536's interest payments on its debt are not well covered by EBIT (0.1x coverage).