Advantest Balance Sheet Health
Financial Health criteria checks 5/6
Advantest has a total shareholder equity of ¥456.9B and total debt of ¥76.1B, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are ¥723.2B and ¥266.3B respectively. Advantest's EBIT is ¥98.7B making its interest coverage ratio 63.9. It has cash and short-term investments of ¥115.4B.
Key information
16.7%
Debt to equity ratio
JP¥76.11b
Debt
| Interest coverage ratio | 63.9x |
| Cash | JP¥115.40b |
| Equity | JP¥456.93b |
| Total liabilities | JP¥266.30b |
| Total assets | JP¥723.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADTT.F's short term assets (¥454.4B) exceed its short term liabilities (¥149.4B).
Long Term Liabilities: ADTT.F's short term assets (¥454.4B) exceed its long term liabilities (¥116.9B).
Debt to Equity History and Analysis
Debt Level: ADTT.F has more cash than its total debt.
Reducing Debt: ADTT.F's debt to equity ratio has increased from 0% to 16.7% over the past 5 years.
Debt Coverage: ADTT.F's debt is well covered by operating cash flow (84.5%).
Interest Coverage: ADTT.F's interest payments on its debt are well covered by EBIT (63.9x coverage).