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 ratio29.2x
CashJP¥921.00m
EquityJP¥1.56b
Total liabilitiesJP¥1.13b
Total assetsJP¥2.68b

Recent financial health updates

Recent updates

Investors Give AVIX,Inc. (TSE:7836) Shares A 34% Hiding

Aug 06
Investors Give AVIX,Inc. (TSE:7836) Shares A 34% Hiding

AVIXInc (TYO:7836) Has Debt But No Earnings; Should You Worry?

Apr 14
AVIXInc (TYO:7836) Has Debt But No Earnings; Should You Worry?

Does AVIXInc (TYO:7836) Have A Healthy Balance Sheet?

Dec 30
Does AVIXInc (TYO:7836) Have A Healthy Balance Sheet?

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).


Balance Sheet


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