Adtec Plasma Technology Balance Sheet Health
Financial Health criteria checks 3/6
Adtec Plasma Technology has a total shareholder equity of ¥10.9B and total debt of ¥13.7B, which brings its debt-to-equity ratio to 125.6%. Its total assets and total liabilities are ¥26.0B and ¥15.0B respectively. Adtec Plasma Technology's EBIT is ¥1.7B making its interest coverage ratio 20.8. It has cash and short-term investments of ¥5.6B.
Key information
125.6%
Debt to equity ratio
JP¥13.71b
Debt
Interest coverage ratio | 20.8x |
Cash | JP¥5.56b |
Equity | JP¥10.91b |
Total liabilities | JP¥15.05b |
Total assets | JP¥25.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6668's short term assets (¥20.0B) exceed its short term liabilities (¥9.1B).
Long Term Liabilities: 6668's short term assets (¥20.0B) exceed its long term liabilities (¥5.9B).
Debt to Equity History and Analysis
Debt Level: 6668's net debt to equity ratio (74.7%) is considered high.
Reducing Debt: 6668's debt to equity ratio has increased from 61.7% to 125.6% over the past 5 years.
Debt Coverage: 6668's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: 6668's interest payments on its debt are well covered by EBIT (20.8x coverage).