Accrete Balance Sheet Health
Financial Health criteria checks 4/6
Accrete has a total shareholder equity of ¥2.3B and total debt of ¥607.0M, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are ¥3.9B and ¥1.7B respectively. Accrete's EBIT is ¥247.0M making its interest coverage ratio 61.8. It has cash and short-term investments of ¥1.1B.
Key information
26.8%
Debt to equity ratio
JP¥607.00m
Debt
| Interest coverage ratio | 61.8x |
| Cash | JP¥1.13b |
| Equity | JP¥2.27b |
| Total liabilities | JP¥1.67b |
| Total assets | JP¥3.94b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4395's short term assets (¥2.6B) exceed its short term liabilities (¥1.2B).
Long Term Liabilities: 4395's short term assets (¥2.6B) exceed its long term liabilities (¥425.0M).
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 operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4395's interest payments on its debt are well covered by EBIT (61.8x coverage).