Avex Balance Sheet Health
Financial Health criteria checks 6/6
Avex has a total shareholder equity of ¥56.1B and total debt of ¥6.0M, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are ¥109.9B and ¥53.8B respectively. Avex's EBIT is ¥1.3B making its interest coverage ratio -43.7. It has cash and short-term investments of ¥47.1B.
Key information
0.01%
Debt to equity ratio
JP¥6.00m
Debt
| Interest coverage ratio | -43.7x |
| Cash | JP¥47.08b |
| Equity | JP¥56.10b |
| Total liabilities | JP¥53.79b |
| Total assets | JP¥109.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVEX.F's short term assets (¥86.5B) exceed its short term liabilities (¥51.6B).
Long Term Liabilities: AVEX.F's short term assets (¥86.5B) exceed its long term liabilities (¥2.2B).
Debt to Equity History and Analysis
Debt Level: AVEX.F has more cash than its total debt.
Reducing Debt: AVEX.F's debt to equity ratio has reduced from 34.9% to 0.01% over the past 5 years.
Debt Coverage: AVEX.F's debt is well covered by operating cash flow (61516.7%).
Interest Coverage: AVEX.F earns more interest than it pays, so coverage of interest payments is not a concern.