Advance Residence Investment Balance Sheet Health
Financial Health criteria checks 2/6
Advance Residence Investment has a total shareholder equity of ¥245.8B and total debt of ¥237.9B, which brings its debt-to-equity ratio to 96.8%. Its total assets and total liabilities are ¥491.0B and ¥245.1B respectively. Advance Residence Investment's EBIT is ¥17.5B making its interest coverage ratio 10. It has cash and short-term investments of ¥17.7B.
Key information
96.8%
Debt to equity ratio
JP¥237.91b
Debt
| Interest coverage ratio | 10x |
| Cash | JP¥17.71b |
| Equity | JP¥245.84b |
| Total liabilities | JP¥245.12b |
| Total assets | JP¥490.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADZZ.F's short term assets (¥26.6B) do not cover its short term liabilities (¥26.8B).
Long Term Liabilities: ADZZ.F's short term assets (¥26.6B) do not cover its long term liabilities (¥218.3B).
Debt to Equity History and Analysis
Debt Level: ADZZ.F's net debt to equity ratio (89.6%) is considered high.
Reducing Debt: ADZZ.F's debt to equity ratio has reduced from 102.5% to 96.8% over the past 5 years.
Debt Coverage: ADZZ.F's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: ADZZ.F's interest payments on its debt are well covered by EBIT (10x coverage).