Avant Group Balance Sheet Health
Financial Health criteria checks 6/6
Avant Group has a total shareholder equity of ¥12.6B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥18.6B and ¥6.0B respectively. Avant Group's EBIT is ¥3.4B making its interest coverage ratio -120.9. It has cash and short-term investments of ¥9.9B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -120.9x |
| Cash | JP¥9.90b |
| Equity | JP¥12.59b |
| Total liabilities | JP¥5.97b |
| Total assets | JP¥18.56b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3836's short term assets (¥15.2B) exceed its short term liabilities (¥5.7B).
Long Term Liabilities: 3836's short term assets (¥15.2B) exceed its long term liabilities (¥237.0M).
Debt to Equity History and Analysis
Debt Level: 3836 is debt free.
Reducing Debt: 3836 had no debt 5 years ago.
Debt Coverage: 3836 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3836 has no debt, therefore coverage of interest payments is not a concern.