Akatsuki Balance Sheet Health
Financial Health criteria checks 5/6
Akatsuki has a total shareholder equity of ¥40.2B and total debt of ¥7.1B, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are ¥52.0B and ¥11.8B respectively. Akatsuki's EBIT is ¥2.7B making its interest coverage ratio -446.2. It has cash and short-term investments of ¥31.0B.
Key information
17.7%
Debt to equity ratio
JP¥7.10b
Debt
Interest coverage ratio | -446.2x |
Cash | JP¥30.96b |
Equity | JP¥40.21b |
Total liabilities | JP¥11.83b |
Total assets | JP¥52.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKAF.F's short term assets (¥39.4B) exceed its short term liabilities (¥5.1B).
Long Term Liabilities: AKAF.F's short term assets (¥39.4B) exceed its long term liabilities (¥6.7B).
Debt to Equity History and Analysis
Debt Level: AKAF.F has more cash than its total debt.
Reducing Debt: AKAF.F's debt to equity ratio has reduced from 34.3% to 17.7% over the past 5 years.
Debt Coverage: AKAF.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AKAF.F earns more interest than it pays, so coverage of interest payments is not a concern.