Anritsu Balance Sheet Health
Financial Health criteria checks 6/6
Anritsu has a total shareholder equity of ¥123.3B and total debt of ¥3.6B, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are ¥155.9B and ¥32.6B respectively. Anritsu's EBIT is ¥10.1B making its interest coverage ratio 29.7. It has cash and short-term investments of ¥50.3B.
Key information
2.9%
Debt to equity ratio
JP¥3.61b
Debt
| Interest coverage ratio | 29.7x |
| Cash | JP¥50.34b |
| Equity | JP¥123.27b |
| Total liabilities | JP¥32.63b |
| Total assets | JP¥155.91b |
Recent financial health updates
No updates
Recent updates
Why Anritsu's (TSE:6754) Earnings Are Better Than They Seem
Nov 06
Anritsu Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Nov 01Anritsu (TSE:6754) Will Pay A Dividend Of ¥20.00
Sep 24Anritsu (TSE:6754) Is Due To Pay A Dividend Of ¥20.00
Sep 05Anritsu (TSE:6754) Has Announced A Dividend Of ¥20.00
Aug 22Anritsu Corporation Just Missed Earnings - But Analysts Have Updated Their Models
Aug 04Anritsu (TSE:6754) Has Announced A Dividend Of ¥20.00
Jul 25Anritsu (TSE:6754) Will Pay A Dividend Of ¥20.00
Jul 11Capital Allocation Trends At Anritsu (TSE:6754) Aren't Ideal
Jun 20Anritsu Corporation's (TSE:6754) P/E Is On The Mark
Apr 19Anritsu (TSE:6754) Is Due To Pay A Dividend Of ¥20.00
Mar 02Returns On Capital At Anritsu (TSE:6754) Paint A Concerning Picture
Feb 29Financial Position Analysis
Short Term Liabilities: 6754's short term assets (¥102.0B) exceed its short term liabilities (¥25.1B).
Long Term Liabilities: 6754's short term assets (¥102.0B) exceed its long term liabilities (¥7.5B).
Debt to Equity History and Analysis
Debt Level: 6754 has more cash than its total debt.
Reducing Debt: 6754's debt to equity ratio has reduced from 15.2% to 2.9% over the past 5 years.
Debt Coverage: 6754's debt is well covered by operating cash flow (538.4%).
Interest Coverage: 6754's interest payments on its debt are well covered by EBIT (29.7x coverage).