Akatsuki Balance Sheet Health
Financial Health criteria checks 6/6
Akatsuki has a total shareholder equity of ¥38.8B and total debt of ¥10.2B, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are ¥53.2B and ¥14.4B respectively. Akatsuki's EBIT is ¥5.7B making its interest coverage ratio 162.9. It has cash and short-term investments of ¥34.1B.
Key information
26.3%
Debt to equity ratio
JP¥10.20b
Debt
| Interest coverage ratio | 162.9x |
| Cash | JP¥34.07b |
| Equity | JP¥38.75b |
| Total liabilities | JP¥14.41b |
| Total assets | JP¥53.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3932 N's short term assets (¥40.9B) exceed its short term liabilities (¥7.3B).
Long Term Liabilities: 3932 N's short term assets (¥40.9B) exceed its long term liabilities (¥7.1B).
Debt to Equity History and Analysis
Debt Level: 3932 N has more cash than its total debt.
Reducing Debt: 3932 N's debt to equity ratio has reduced from 38.8% to 26.3% over the past 5 years.
Debt Coverage: 3932 N's debt is well covered by operating cash flow (49.5%).
Interest Coverage: 3932 N's interest payments on its debt are well covered by EBIT (162.9x coverage).