Accrete Balance Sheet Health
Financial Health criteria checks 5/6
Accrete has a total shareholder equity of ¥2.1B and total debt of ¥923.0M, which brings its debt-to-equity ratio to 43%. Its total assets and total liabilities are ¥4.2B and ¥2.1B respectively. Accrete's EBIT is ¥310.0M making its interest coverage ratio 51.7. It has cash and short-term investments of ¥1.8B.
Key information
43.0%
Debt to equity ratio
JP¥923.00m
Debt
Interest coverage ratio | 51.7x |
Cash | JP¥1.82b |
Equity | JP¥2.15b |
Total liabilities | JP¥2.07b |
Total assets | JP¥4.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4395's short term assets (¥2.8B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 4395's short term assets (¥2.8B) exceed its long term liabilities (¥754.0M).
Debt to Equity History and Analysis
Debt Level: 4395 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 4395's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 4395's debt is well covered by operating cash flow (20.7%).
Interest Coverage: 4395's interest payments on its debt are well covered by EBIT (51.7x coverage).