Aucfan Balance Sheet Health
Financial Health criteria checks 5/6
Aucfan has a total shareholder equity of ¥4.5B and total debt of ¥1.2B, which brings its debt-to-equity ratio to 26.1%. Its total assets and total liabilities are ¥6.9B and ¥2.4B respectively. Aucfan's EBIT is ¥345.0M making its interest coverage ratio 69. It has cash and short-term investments of ¥3.3B.
Key information
26.1%
Debt to equity ratio
JP¥1.17b
Debt
Interest coverage ratio | 69x |
Cash | JP¥3.35b |
Equity | JP¥4.48b |
Total liabilities | JP¥2.41b |
Total assets | JP¥6.89b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3674's short term assets (¥6.0B) exceed its short term liabilities (¥2.2B).
Long Term Liabilities: 3674's short term assets (¥6.0B) exceed its long term liabilities (¥194.0M).
Debt to Equity History and Analysis
Debt Level: 3674 has more cash than its total debt.
Reducing Debt: 3674's debt to equity ratio has reduced from 67.1% to 26.1% over the past 5 years.
Debt Coverage: 3674's debt is not well covered by operating cash flow (9.3%).
Interest Coverage: 3674's interest payments on its debt are well covered by EBIT (69x coverage).