AVIXInc Balance Sheet Health
Financial Health criteria checks 6/6
AVIXInc has a total shareholder equity of ¥1.6B and total debt of ¥460.0M, which brings its debt-to-equity ratio to 29.5%. Its total assets and total liabilities are ¥2.7B and ¥1.1B respectively. AVIXInc's EBIT is ¥146.0M making its interest coverage ratio 29.2. It has cash and short-term investments of ¥921.0M.
Key information
29.5%
Debt to equity ratio
JP¥460.00m
Debt
Interest coverage ratio | 29.2x |
Cash | JP¥921.00m |
Equity | JP¥1.56b |
Total liabilities | JP¥1.13b |
Total assets | JP¥2.68b |
Financial Position Analysis
Short Term Liabilities: 7836's short term assets (¥2.0B) exceed its short term liabilities (¥624.0M).
Long Term Liabilities: 7836's short term assets (¥2.0B) exceed its long term liabilities (¥501.0M).
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 173.9% to 29.5% over the past 5 years.
Debt Coverage: 7836's debt is well covered by operating cash flow (124.8%).
Interest Coverage: 7836's interest payments on its debt are well covered by EBIT (29.2x coverage).