AVIXInc Balance Sheet Health
Financial Health criteria checks 6/6
AVIXInc has a total shareholder equity of ¥1.5B and total debt of ¥637.0M, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are ¥2.6B and ¥1.1B respectively. AVIXInc's EBIT is ¥155.0M making its interest coverage ratio 25.8. It has cash and short-term investments of ¥668.0M.
Key information
43.5%
Debt to equity ratio
JP¥637.00m
Debt
Interest coverage ratio | 25.8x |
Cash | JP¥668.00m |
Equity | JP¥1.46b |
Total liabilities | JP¥1.14b |
Total assets | JP¥2.60b |
Financial Position Analysis
Short Term Liabilities: 7836's short term assets (¥1.8B) exceed its short term liabilities (¥537.0M).
Long Term Liabilities: 7836's short term assets (¥1.8B) exceed its long term liabilities (¥599.0M).
Debt to Equity History and Analysis
Debt Level: 7836 has more cash than its total debt.
Reducing Debt: 7836's debt to equity ratio has reduced from 144.9% to 43.5% over the past 5 years.
Debt Coverage: 7836's debt is well covered by operating cash flow (34.4%).
Interest Coverage: 7836's interest payments on its debt are well covered by EBIT (25.8x coverage).