AKIBA Holdings Co.,Ltd.

TSE:6840 Stock Report

Market Cap: JP¥2.6b

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 ratio27.8x
CashJP¥3.93b
EquityJP¥3.83b
Total liabilitiesJP¥7.63b
Total assetsJP¥11.46b

Recent financial health updates

AKIBA HoldingsLtd (TSE:6840) Has A Pretty Healthy Balance Sheet

Aug 03
AKIBA HoldingsLtd (TSE:6840) Has A Pretty Healthy Balance Sheet

We Think AKIBA HoldingsLtd (TYO:6840) Can Stay On Top Of Its Debt

Mar 23
We Think AKIBA HoldingsLtd (TYO:6840) Can Stay On Top Of Its Debt

We Think Akiba Holdings (TYO:6840) Can Stay On Top Of Its Debt

Dec 21
We Think Akiba Holdings (TYO:6840) Can Stay On Top Of Its Debt

Recent updates

Earnings Working Against AKIBA Holdings Co.,Ltd.'s (TSE:6840) Share Price Following 38% Dive

Aug 05
Earnings Working Against AKIBA Holdings Co.,Ltd.'s (TSE:6840) Share Price Following 38% Dive

AKIBA HoldingsLtd (TSE:6840) Has A Pretty Healthy Balance Sheet

Aug 03
AKIBA HoldingsLtd (TSE:6840) Has A Pretty Healthy Balance Sheet

Some May Be Optimistic About AKIBA HoldingsLtd's (TSE:6840) Earnings

May 22
Some May Be Optimistic About AKIBA HoldingsLtd's (TSE:6840) Earnings

We Think AKIBA HoldingsLtd (TYO:6840) Can Stay On Top Of Its Debt

Mar 23
We Think AKIBA HoldingsLtd (TYO:6840) Can Stay On Top Of Its Debt

Investors Who Bought AKIBA HoldingsLtd (TYO:6840) Shares Five Years Ago Are Now Up 361%

Feb 22
Investors Who Bought AKIBA HoldingsLtd (TYO:6840) Shares Five Years Ago Are Now Up 361%

Can Akiba Holdings Co., Ltd. (TYO:6840) Maintain Its Strong Returns?

Jan 26
Can Akiba Holdings Co., Ltd. (TYO:6840) Maintain Its Strong Returns?

We Think Akiba Holdings (TYO:6840) Can Stay On Top Of Its Debt

Dec 21
We Think Akiba Holdings (TYO:6840) Can Stay On Top Of Its Debt

Financial 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).

Balance Sheet

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