Arclands Balance Sheet Health
Financial Health criteria checks 1/6
Arclands has a total shareholder equity of ¥116.8B and total debt of ¥129.0B, which brings its debt-to-equity ratio to 110.5%. Its total assets and total liabilities are ¥350.7B and ¥233.9B respectively. Arclands's EBIT is ¥16.1B making its interest coverage ratio 20.4. It has cash and short-term investments of ¥18.3B.
Key information
110.5%
Debt to equity ratio
JP¥129.05b
Debt
Interest coverage ratio | 20.4x |
Cash | JP¥18.32b |
Equity | JP¥116.81b |
Total liabilities | JP¥233.91b |
Total assets | JP¥350.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9842's short term assets (¥85.4B) do not cover its short term liabilities (¥96.9B).
Long Term Liabilities: 9842's short term assets (¥85.4B) do not cover its long term liabilities (¥137.0B).
Debt to Equity History and Analysis
Debt Level: 9842's net debt to equity ratio (94.8%) is considered high.
Reducing Debt: 9842's debt to equity ratio has increased from 2.7% to 110.5% over the past 5 years.
Debt Coverage: 9842's debt is not well covered by operating cash flow (13%).
Interest Coverage: 9842's interest payments on its debt are well covered by EBIT (20.4x coverage).