Y.A.C. Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Y.A.C. Holdings has a total shareholder equity of ¥16.7B and total debt of ¥16.5B, which brings its debt-to-equity ratio to 98.7%. Its total assets and total liabilities are ¥40.7B and ¥24.0B respectively. Y.A.C. Holdings's EBIT is ¥1.8B making its interest coverage ratio 11.1. It has cash and short-term investments of ¥7.1B.
Key information
98.7%
Debt to equity ratio
JP¥16.51b
Debt
| Interest coverage ratio | 11.1x |
| Cash | JP¥7.09b |
| Equity | JP¥16.73b |
| Total liabilities | JP¥23.99b |
| Total assets | JP¥40.72b |
Recent financial health updates
Here's Why Y.A.C. Holdings (TSE:6298) Can Manage Its Debt Responsibly
Nov 15
Is Y.A.C. Holdings (TSE:6298) A Risky Investment?
Jun 18Recent updates
Here's Why Y.A.C. Holdings (TSE:6298) Can Manage Its Debt Responsibly
Nov 15Market Cool On Y.A.C. Holdings Co., Ltd.'s (TSE:6298) Earnings
Jul 22Is Y.A.C. Holdings (TSE:6298) A Risky Investment?
Jun 18Y.A.C. Holdings (TSE:6298) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 22Financial Position Analysis
Short Term Liabilities: 6298's short term assets (¥29.4B) exceed its short term liabilities (¥14.1B).
Long Term Liabilities: 6298's short term assets (¥29.4B) exceed its long term liabilities (¥9.9B).
Debt to Equity History and Analysis
Debt Level: 6298's net debt to equity ratio (56.3%) is considered high.
Reducing Debt: 6298's debt to equity ratio has increased from 86.5% to 98.7% over the past 5 years.
Debt Coverage: 6298's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: 6298's interest payments on its debt are well covered by EBIT (11.1x coverage).