Advantest Balance Sheet Health
Financial Health criteria checks 5/6
Advantest has a total shareholder equity of ¥610.3B and total debt of ¥74.9B, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are ¥971.5B and ¥361.2B respectively. Advantest's EBIT is ¥365.2B making its interest coverage ratio 118.1. It has cash and short-term investments of ¥298.2B.
Key information
12.27%
Debt to equity ratio
JP¥74.89b
Debt
| Interest coverage ratio | 118.1x |
| Cash | JP¥298.20b |
| Equity | JP¥610.34b |
| Total liabilities | JP¥361.20b |
| Total assets | JP¥971.54b |
Recent financial health updates
Does Advantest (TSE:6857) Have A Healthy Balance Sheet?
Jun 13
Advantest (TSE:6857) Seems To Use Debt Rather Sparingly
Mar 13Is Advantest (TSE:6857) Using Too Much Debt?
Nov 30Recent updates
Why Investors Shouldn't Be Surprised By Advantest Corporation's (TSE:6857) 58% Share Price Surge
Oct 31JP¥14,609 - That's What Analysts Think Advantest Corporation (TSE:6857) Is Worth After These Results
Oct 30Advantest Corporation's (TSE:6857) 25% Share Price Surge Not Quite Adding Up
Sep 16Solid Earnings Reflect Advantest's (TSE:6857) Strength As A Business
Aug 07Advantest Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Aug 01Do Advantest's (TSE:6857) Earnings Warrant Your Attention?
Jul 17Does Advantest (TSE:6857) Have A Healthy Balance Sheet?
Jun 13Advantest Corporation's (TSE:6857) P/E Is Still On The Mark Following 27% Share Price Bounce
May 28Advantest Corporation Just Missed Earnings - But Analysts Have Updated Their Models
Apr 29Advantest Corporation's (TSE:6857) Stock Retreats 33% But Earnings Haven't Escaped The Attention Of Investors
Apr 09Returns on Capital Paint A Bright Future For Advantest (TSE:6857)
Apr 01Advantest (TSE:6857) Seems To Use Debt Rather Sparingly
Mar 13Advantest Corporation's (TSE:6857) Popularity With Investors Is Clear
Feb 23We Think Advantest's (TSE:6857) Robust Earnings Are Conservative
Feb 05Advantest Corporation (TSE:6857) Just Beat Earnings: Here's What Analysts Think Will Happen Next
Jan 31Is Now The Time To Look At Buying Advantest Corporation (TSE:6857)?
Jan 21Many Would Be Envious Of Advantest's (TSE:6857) Excellent Returns On Capital
Dec 21Is Advantest (TSE:6857) Using Too Much Debt?
Nov 30
AI-Driven Semiconductor Innovations Spark Growth And Elevate Earnings Potential
Strong demand for high-performance semiconductors and SoC testers is expected to drive sales growth and improve margins.Financial Position Analysis
Short Term Liabilities: 6857's short term assets (¥694.1B) exceed its short term liabilities (¥323.6B).
Long Term Liabilities: 6857's short term assets (¥694.1B) exceed its long term liabilities (¥37.6B).
Debt to Equity History and Analysis
Debt Level: 6857 has more cash than its total debt.
Reducing Debt: 6857's debt to equity ratio has increased from 0% to 12.3% over the past 5 years.
Debt Coverage: 6857's debt is well covered by operating cash flow (444.7%).
Interest Coverage: 6857's interest payments on its debt are well covered by EBIT (118.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/29 16:46 |
| End of Day Share Price | 2025/11/28 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2025/03/31 |
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
Advantest Corporation is covered by 33 analysts. 21 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 |
|---|---|
| Steven Liu | Aletheia Analyst Network Limited |
| Warren Lau | Aletheia Analyst Network Limited |
| Alex Chang | BNP Paribas |