AKIBA HoldingsLtd Balance Sheet Health
Financial Health criteria checks 4/6
AKIBA HoldingsLtd has a total shareholder equity of ¥3.8B and total debt of ¥5.7B, which brings its debt-to-equity ratio to 148.6%. Its total assets and total liabilities are ¥11.5B and ¥7.6B respectively. AKIBA HoldingsLtd's EBIT is ¥639.0M making its interest coverage ratio 27.8. It has cash and short-term investments of ¥3.9B.
Key information
148.6%
Debt to equity ratio
JP¥5.69b
Debt
| Interest coverage ratio | 27.8x |
| Cash | JP¥3.93b |
| Equity | JP¥3.83b |
| Total liabilities | JP¥7.63b |
| Total assets | JP¥11.46b |
Recent financial health updates
AKIBA HoldingsLtd (TSE:6840) Has A Pretty Healthy Balance Sheet
Aug 03
We Think AKIBA HoldingsLtd (TYO:6840) Can Stay On Top Of Its Debt
Mar 23We Think Akiba Holdings (TYO:6840) Can Stay On Top Of Its Debt
Dec 21
Recent updates
Earnings Working Against AKIBA Holdings Co.,Ltd.'s (TSE:6840) Share Price Following 38% Dive
Aug 05AKIBA HoldingsLtd (TSE:6840) Has A Pretty Healthy Balance Sheet
Aug 03Some May Be Optimistic About AKIBA HoldingsLtd's (TSE:6840) Earnings
May 22We Think AKIBA HoldingsLtd (TYO:6840) Can Stay On Top Of Its Debt
Mar 23Investors Who Bought AKIBA HoldingsLtd (TYO:6840) Shares Five Years Ago Are Now Up 361%
Feb 22Can Akiba Holdings Co., Ltd. (TYO:6840) Maintain Its Strong Returns?
Jan 26We Think Akiba Holdings (TYO:6840) Can Stay On Top Of Its Debt
Dec 21Financial Position Analysis
Short Term Liabilities: 6840's short term assets (¥10.5B) exceed its short term liabilities (¥6.0B).
Long Term Liabilities: 6840's short term assets (¥10.5B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 6840's net debt to equity ratio (46%) is considered high.
Reducing Debt: 6840's debt to equity ratio has reduced from 211.7% to 148.6% over the past 5 years.
Debt Coverage: 6840's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6840's interest payments on its debt are well covered by EBIT (27.8x coverage).