Advantest Corporation

TSE:6857 Stock Report

Market Cap: JP¥7.1t

Advantest Balance Sheet Health

Financial Health criteria checks 5/6

Advantest has a total shareholder equity of ¥475.8B and total debt of ¥74.3B, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are ¥762.1B and ¥286.3B respectively. Advantest's EBIT is ¥144.4B making its interest coverage ratio 38.8. It has cash and short-term investments of ¥167.2B.

Key information

15.6%

Debt to equity ratio

JP¥74.28b

Debt

Interest coverage ratio38.8x
CashJP¥167.16b
EquityJP¥475.81b
Total liabilitiesJP¥286.30b
Total assetsJP¥762.11b

Recent financial health updates

These 4 Measures Indicate That Advantest (TSE:6857) Is Using Debt Reasonably Well

Aug 19
These 4 Measures Indicate That Advantest (TSE:6857) Is Using Debt Reasonably Well

Here's Why Advantest (TSE:6857) Can Manage Its Debt Responsibly

Apr 01
Here's Why Advantest (TSE:6857) Can Manage Its Debt Responsibly

Recent updates

Earnings Beat: Advantest Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Nov 03
Earnings Beat: Advantest Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Advantest Corporation (TSE:6857) Looks Just Right With A 26% Price Jump

Oct 08
Advantest Corporation (TSE:6857) Looks Just Right With A 26% Price Jump

Is It Time To Consider Buying Advantest Corporation (TSE:6857)?

Oct 03
Is It Time To Consider Buying Advantest Corporation (TSE:6857)?

These 4 Measures Indicate That Advantest (TSE:6857) Is Using Debt Reasonably Well

Aug 19
These 4 Measures Indicate That Advantest (TSE:6857) Is Using Debt Reasonably Well

Advantest Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Aug 04
Advantest Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Here's What's Concerning About Advantest's (TSE:6857) Returns On Capital

Jul 20
Here's What's Concerning About Advantest's (TSE:6857) Returns On Capital

Advantest Corporation's (TSE:6857) Shares Climb 27% But Its Business Is Yet to Catch Up

Jul 05
Advantest Corporation's (TSE:6857) Shares Climb 27% But Its Business Is Yet to Catch Up

At JP¥5,836, Is It Time To Put Advantest Corporation (TSE:6857) On Your Watch List?

Jun 21
At JP¥5,836, Is It Time To Put Advantest Corporation (TSE:6857) On Your Watch List?

Advantest Corporation's (TSE:6857) Stock Retreats 27% But Earnings Haven't Escaped The Attention Of Investors

Apr 30
Advantest Corporation's (TSE:6857) Stock Retreats 27% But Earnings Haven't Escaped The Attention Of Investors

Here's Why Advantest (TSE:6857) Can Manage Its Debt Responsibly

Apr 01
Here's Why Advantest (TSE:6857) Can Manage Its Debt Responsibly

Advantest (TSE:6857) Is Reinvesting At Lower Rates Of Return

Mar 16
Advantest (TSE:6857) Is Reinvesting At Lower Rates Of Return

Financial Position Analysis

Short Term Liabilities: 6857's short term assets (¥519.6B) exceed its short term liabilities (¥174.3B).

Long Term Liabilities: 6857's short term assets (¥519.6B) exceed its long term liabilities (¥112.0B).

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 15.6% over the past 5 years.

Debt Coverage: 6857's debt is well covered by operating cash flow (168.9%).

Interest Coverage: 6857's interest payments on its debt are well covered by EBIT (38.8x coverage).

Balance Sheet

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