Appirits Balance Sheet Health
Financial Health criteria checks 5/6
Appirits has a total shareholder equity of ¥2.5B and total debt of ¥797.0M, which brings its debt-to-equity ratio to 32.3%. Its total assets and total liabilities are ¥4.6B and ¥2.1B respectively. Appirits's EBIT is ¥599.0M making its interest coverage ratio 149.8. It has cash and short-term investments of ¥1.7B.
Key information
32.3%
Debt to equity ratio
JP¥797.00m
Debt
Interest coverage ratio | 149.8x |
Cash | JP¥1.74b |
Equity | JP¥2.47b |
Total liabilities | JP¥2.12b |
Total assets | JP¥4.59b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4174's short term assets (¥3.4B) exceed its short term liabilities (¥1.7B).
Long Term Liabilities: 4174's short term assets (¥3.4B) exceed its long term liabilities (¥389.0M).
Debt to Equity History and Analysis
Debt Level: 4174 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 4174's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 4174's debt is well covered by operating cash flow (31.5%).
Interest Coverage: 4174's interest payments on its debt are well covered by EBIT (149.8x coverage).