Y.A.C. Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Y.A.C. Holdings has a total shareholder equity of ¥16.3B and total debt of ¥18.4B, which brings its debt-to-equity ratio to 112.8%. Its total assets and total liabilities are ¥44.0B and ¥27.7B respectively. Y.A.C. Holdings's EBIT is ¥1.7B making its interest coverage ratio 12.7. It has cash and short-term investments of ¥7.3B.
Key information
112.8%
Debt to equity ratio
JP¥18.40b
Debt
Interest coverage ratio | 12.7x |
Cash | JP¥7.29b |
Equity | JP¥16.31b |
Total liabilities | JP¥27.73b |
Total assets | JP¥44.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6298's short term assets (¥33.3B) exceed its short term liabilities (¥16.1B).
Long Term Liabilities: 6298's short term assets (¥33.3B) exceed its long term liabilities (¥11.6B).
Debt to Equity History and Analysis
Debt Level: 6298's net debt to equity ratio (68.2%) is considered high.
Reducing Debt: 6298's debt to equity ratio has increased from 86.9% to 112.8% over the past 5 years.
Debt Coverage: 6298's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6298's interest payments on its debt are well covered by EBIT (12.7x coverage).