NEW ART HOLDINGS Co., Ltd.

TSE:7638 Stock Report

Market Cap: JP¥28.7b

NEW ART HOLDINGS Balance Sheet Health

Financial Health criteria checks 3/6

NEW ART HOLDINGS has a total shareholder equity of ¥8.8B and total debt of ¥7.7B, which brings its debt-to-equity ratio to 87.8%. Its total assets and total liabilities are ¥22.1B and ¥13.3B respectively. NEW ART HOLDINGS's EBIT is ¥2.9B making its interest coverage ratio 27.3. It has cash and short-term investments of ¥1.0B.

Key information

87.8%

Debt to equity ratio

JP¥7.70b

Debt

Interest coverage ratio27.3x
CashJP¥1.02b
EquityJP¥8.77b
Total liabilitiesJP¥13.34b
Total assetsJP¥22.12b

Recent financial health updates

Recent updates

Shareholders Are Optimistic That NEW ART HOLDINGS (TYO:7638) Will Multiply In Value

Apr 08
Shareholders Are Optimistic That NEW ART HOLDINGS (TYO:7638) Will Multiply In Value

Is NEW ART HOLDINGS Co., Ltd. (TYO:7638) The Right Choice For A Smart Dividend Investor?

Mar 24
Is NEW ART HOLDINGS Co., Ltd. (TYO:7638) The Right Choice For A Smart Dividend Investor?

How Much Of NEW ART HOLDINGS Co., Ltd. (TYO:7638) Do Insiders Own?

Mar 05
How Much Of NEW ART HOLDINGS Co., Ltd. (TYO:7638) Do Insiders Own?

We Think NEW ART HOLDINGS (TYO:7638) Is Taking Some Risk With Its Debt

Feb 17
We Think NEW ART HOLDINGS (TYO:7638) Is Taking Some Risk With Its Debt

If You Had Bought NEW ART HOLDINGS (TYO:7638) Stock Three Years Ago, You Could Pocket A 49% Gain Today

Feb 02
If You Had Bought NEW ART HOLDINGS (TYO:7638) Stock Three Years Ago, You Could Pocket A 49% Gain Today

Do Its Financials Have Any Role To Play In Driving NEW ART HOLDINGS Co., Ltd.'s (TYO:7638) Stock Up Recently?

Jan 20
Do Its Financials Have Any Role To Play In Driving NEW ART HOLDINGS Co., Ltd.'s (TYO:7638) Stock Up Recently?

Is NEW ART HOLDINGS (TYO:7638) A Compounding Machine?

Jan 06
Is NEW ART HOLDINGS (TYO:7638) A Compounding Machine?

Is NEW ART HOLDINGS Co., Ltd. (TYO:7638) A Smart Choice For Dividend Investors?

Dec 23
Is NEW ART HOLDINGS Co., Ltd. (TYO:7638) A Smart Choice For Dividend Investors?

Are NEW ART HOLDINGS's (TYO:7638) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Dec 08
Are NEW ART HOLDINGS's (TYO:7638) Statutory Earnings A Good Reflection Of Its Earnings Potential?

What You Need To Know About NEW ART HOLDINGS Co., Ltd.'s (TYO:7638) Investor Composition

Nov 23
What You Need To Know About NEW ART HOLDINGS Co., Ltd.'s (TYO:7638) Investor Composition

Financial Position Analysis

Short Term Liabilities: 7638's short term assets (¥12.0B) exceed its short term liabilities (¥9.4B).

Long Term Liabilities: 7638's short term assets (¥12.0B) exceed its long term liabilities (¥3.9B).


Debt to Equity History and Analysis

Debt Level: 7638's net debt to equity ratio (76.2%) is considered high.

Reducing Debt: 7638's debt to equity ratio has increased from 55.7% to 87.8% over the past 5 years.

Debt Coverage: 7638's debt is not well covered by operating cash flow (7.7%).

Interest Coverage: 7638's interest payments on its debt are well covered by EBIT (27.3x coverage).


Balance Sheet


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