NEW ART HOLDINGS Balance Sheet Health
Financial Health criteria checks 4/6
NEW ART HOLDINGS has a total shareholder equity of ¥9.6B and total debt of ¥10.2B, which brings its debt-to-equity ratio to 106.7%. Its total assets and total liabilities are ¥26.6B and ¥17.0B respectively. NEW ART HOLDINGS's EBIT is ¥2.8B making its interest coverage ratio 16.4. It has cash and short-term investments of ¥1.4B.
Key information
106.7%
Debt to equity ratio
JP¥10.24b
Debt
| Interest coverage ratio | 16.4x |
| Cash | JP¥1.44b |
| Equity | JP¥9.60b |
| Total liabilities | JP¥17.04b |
| Total assets | JP¥26.64b |
Recent financial health updates
Recent updates
NEW ART HOLDINGS' (TSE:7638) Soft Earnings Are Actually Better Than They Appear
Nov 26
NEW ART HOLDINGS Co., Ltd.'s (TSE:7638) Business Is Yet to Catch Up With Its Share Price
Aug 07There May Be Reason For Hope In NEW ART HOLDINGS' (TSE:7638) Disappointing Earnings
May 21Shareholders Are Optimistic That NEW ART HOLDINGS (TYO:7638) Will Multiply In Value
Apr 08Is NEW ART HOLDINGS Co., Ltd. (TYO:7638) The Right Choice For A Smart Dividend Investor?
Mar 24How Much Of NEW ART HOLDINGS Co., Ltd. (TYO:7638) Do Insiders Own?
Mar 05We Think NEW ART HOLDINGS (TYO:7638) Is Taking Some Risk With Its Debt
Feb 17
If You Had Bought NEW ART HOLDINGS (TYO:7638) Stock Three Years Ago, You Could Pocket A 49% Gain Today
Feb 02Do Its Financials Have Any Role To Play In Driving NEW ART HOLDINGS Co., Ltd.'s (TYO:7638) Stock Up Recently?
Jan 20Is NEW ART HOLDINGS (TYO:7638) A Compounding Machine?
Jan 06Is NEW ART HOLDINGS Co., Ltd. (TYO:7638) A Smart Choice For Dividend Investors?
Dec 23Are NEW ART HOLDINGS's (TYO:7638) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 08What You Need To Know About NEW ART HOLDINGS Co., Ltd.'s (TYO:7638) Investor Composition
Nov 23Financial Position Analysis
Short Term Liabilities: 7638's short term assets (¥13.8B) exceed its short term liabilities (¥12.4B).
Long Term Liabilities: 7638's short term assets (¥13.8B) exceed its long term liabilities (¥4.7B).
Debt to Equity History and Analysis
Debt Level: 7638's net debt to equity ratio (91.7%) is considered high.
Reducing Debt: 7638's debt to equity ratio has increased from 55.4% to 106.7% over the past 5 years.
Debt Coverage: 7638's debt is well covered by operating cash flow (33%).
Interest Coverage: 7638's interest payments on its debt are well covered by EBIT (16.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:05 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NEW ART HOLDINGS Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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