AVIXInc Balance Sheet Health
Financial Health criteria checks 6/6
AVIXInc has a total shareholder equity of ¥1.5B and total debt of ¥511.0M, which brings its debt-to-equity ratio to 33.5%. Its total assets and total liabilities are ¥2.6B and ¥1.1B respectively. AVIXInc's EBIT is ¥81.0M making its interest coverage ratio 13.5. It has cash and short-term investments of ¥927.0M.
Key information
33.5%
Debt to equity ratio
JP¥511.00m
Debt
| Interest coverage ratio | 13.5x |
| Cash | JP¥927.00m |
| Equity | JP¥1.53b |
| Total liabilities | JP¥1.12b |
| Total assets | JP¥2.65b |
Financial Position Analysis
Short Term Liabilities: 7836's short term assets (¥1.9B) exceed its short term liabilities (¥583.0M).
Long Term Liabilities: 7836's short term assets (¥1.9B) exceed its long term liabilities (¥539.0M).
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 134.3% to 33.5% over the past 5 years.
Debt Coverage: 7836's debt is well covered by operating cash flow (118%).
Interest Coverage: 7836's interest payments on its debt are well covered by EBIT (13.5x coverage).