AR advanced technology Balance Sheet Health
Financial Health criteria checks 5/6
AR advanced technology has a total shareholder equity of ¥2.0B and total debt of ¥880.0M, which brings its debt-to-equity ratio to 44.7%. Its total assets and total liabilities are ¥4.7B and ¥2.8B respectively. AR advanced technology's EBIT is ¥421.0M making its interest coverage ratio 70.2. It has cash and short-term investments of ¥2.3B.
Key information
44.7%
Debt to equity ratio
JP¥880.00m
Debt
| Interest coverage ratio | 70.2x |
| Cash | JP¥2.33b |
| Equity | JP¥1.97b |
| Total liabilities | JP¥2.78b |
| Total assets | JP¥4.75b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5578's short term assets (¥4.0B) exceed its short term liabilities (¥2.8B).
Long Term Liabilities: 5578's short term assets (¥4.0B) exceed its long term liabilities (¥22.0M).
Debt to Equity History and Analysis
Debt Level: 5578 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 5578's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 5578's debt is well covered by operating cash flow (41.3%).
Interest Coverage: 5578's interest payments on its debt are well covered by EBIT (70.2x coverage).