Y.A.C. Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Y.A.C. Holdings has a total shareholder equity of ¥17.0B and total debt of ¥17.3B, which brings its debt-to-equity ratio to 101.9%. Its total assets and total liabilities are ¥43.8B and ¥26.8B respectively. Y.A.C. Holdings's EBIT is ¥2.0B making its interest coverage ratio 13.6. It has cash and short-term investments of ¥7.7B.
Key information
101.9%
Debt to equity ratio
JP¥17.31b
Debt
Interest coverage ratio | 13.6x |
Cash | JP¥7.66b |
Equity | JP¥16.99b |
Total liabilities | JP¥26.84b |
Total assets | JP¥43.83b |
Financial Position Analysis
Short Term Liabilities: 6298's short term assets (¥33.0B) exceed its short term liabilities (¥15.7B).
Long Term Liabilities: 6298's short term assets (¥33.0B) exceed its long term liabilities (¥11.2B).
Debt to Equity History and Analysis
Debt Level: 6298's net debt to equity ratio (56.8%) is considered high.
Reducing Debt: 6298's debt to equity ratio has increased from 85.5% to 101.9% over the past 5 years.
Debt Coverage: 6298's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: 6298's interest payments on its debt are well covered by EBIT (13.6x coverage).