Art Vivant Balance Sheet Health
Financial Health criteria checks 4/6
Art Vivant has a total shareholder equity of ¥15.9B and total debt of ¥10.5B, which brings its debt-to-equity ratio to 66.2%. Its total assets and total liabilities are ¥34.2B and ¥18.3B respectively. Art Vivant's EBIT is ¥2.4B making its interest coverage ratio -73.9. It has cash and short-term investments of ¥4.8B.
Key information
66.2%
Debt to equity ratio
JP¥10.52b
Debt
Interest coverage ratio | -73.9x |
Cash | JP¥4.77b |
Equity | JP¥15.89b |
Total liabilities | JP¥18.35b |
Total assets | JP¥34.23b |
Recent financial health updates
Recent updates
Additional Considerations Required While Assessing Art Vivant's (TSE:7523) Strong Earnings
May 22Art 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 (¥29.5B) exceed its short term liabilities (¥17.1B).
Long Term Liabilities: 7523's short term assets (¥29.5B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 7523's net debt to equity ratio (36.1%) is considered satisfactory.
Reducing Debt: 7523's debt to equity ratio has increased from 53.6% to 66.2% over the past 5 years.
Debt Coverage: 7523's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7523 earns more interest than it pays, so coverage of interest payments is not a concern.