Advanced Media Balance Sheet Health
Financial Health criteria checks 5/6
Advanced Media has a total shareholder equity of ¥11.3B and total debt of ¥2.7B, which brings its debt-to-equity ratio to 23.8%. Its total assets and total liabilities are ¥15.8B and ¥4.6B respectively. Advanced Media's EBIT is ¥1.4B making its interest coverage ratio -30.2. It has cash and short-term investments of ¥7.3B.
Key information
23.8%
Debt to equity ratio
JP¥2.68b
Debt
Interest coverage ratio | -30.2x |
Cash | JP¥7.25b |
Equity | JP¥11.26b |
Total liabilities | JP¥4.57b |
Total assets | JP¥15.83b |
Financial Position Analysis
Short Term Liabilities: 3773's short term assets (¥9.1B) exceed its short term liabilities (¥2.5B).
Long Term Liabilities: 3773's short term assets (¥9.1B) exceed its long term liabilities (¥2.0B).
Debt to Equity History and Analysis
Debt Level: 3773 has more cash than its total debt.
Reducing Debt: 3773's debt to equity ratio has increased from 2.3% to 23.8% over the past 5 years.
Debt Coverage: 3773's debt is well covered by operating cash flow (55.8%).
Interest Coverage: 3773 earns more interest than it pays, so coverage of interest payments is not a concern.