Art Vivant Balance Sheet Health
Financial Health criteria checks 3/6
Art Vivant has a total shareholder equity of ¥16.3B and total debt of ¥10.4B, which brings its debt-to-equity ratio to 63.9%. Its total assets and total liabilities are ¥34.5B and ¥18.2B respectively. Art Vivant's EBIT is ¥2.5B making its interest coverage ratio 424.8. It has cash and short-term investments of ¥3.5B.
Key information
63.9%
Debt to equity ratio
JP¥10.40b
Debt
Interest coverage ratio | 424.8x |
Cash | JP¥3.54b |
Equity | JP¥16.28b |
Total liabilities | JP¥18.22b |
Total assets | JP¥34.51b |
Recent financial health updates
Recent updates
Art Vivant's (TYO:7523) Returns On Capital Are Heading Higher
Apr 29Should Art Vivant (TYO:7523) Be Disappointed With Their 63% Profit?
Mar 16Art Vivant (TYO:7523) Seems To Use Debt Quite Sensibly
Feb 08Is Art Vivant (TYO:7523) A Future Multi-bagger?
Jan 20Would Art Vivant Co., Ltd. (TYO:7523) Be Valuable To Income Investors?
Jan 02How Much Did Art Vivant's(TYO:7523) Shareholders Earn From Share Price Movements Over The Last Three Years?
Dec 15Are Art Vivant's (TYO:7523) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Nov 27Financial Position Analysis
Short Term Liabilities: 7523's short term assets (¥28.5B) exceed its short term liabilities (¥17.1B).
Long Term Liabilities: 7523's short term assets (¥28.5B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: 7523's net debt to equity ratio (42.1%) is considered high.
Reducing Debt: 7523's debt to equity ratio has increased from 52.2% to 63.9% over the past 5 years.
Debt Coverage: 7523's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7523's interest payments on its debt are well covered by EBIT (424.8x coverage).