Anritsu Balance Sheet Health
Financial Health criteria checks 6/6
Anritsu has a total shareholder equity of ¥123.3B and total debt of ¥4.1B, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are ¥155.9B and ¥32.6B respectively. Anritsu's EBIT is ¥10.1B making its interest coverage ratio 29.7. It has cash and short-term investments of ¥50.3B.
Key information
3.3%
Debt to equity ratio
JP¥4.06b
Debt
| Interest coverage ratio | 29.7x |
| Cash | JP¥50.34b |
| Equity | JP¥123.27b |
| Total liabilities | JP¥32.63b |
| Total assets | JP¥155.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AITU.F's short term assets (¥102.0B) exceed its short term liabilities (¥25.1B).
Long Term Liabilities: AITU.F's short term assets (¥102.0B) exceed its long term liabilities (¥7.5B).
Debt to Equity History and Analysis
Debt Level: AITU.F has more cash than its total debt.
Reducing Debt: AITU.F's debt to equity ratio has reduced from 15.2% to 3.3% over the past 5 years.
Debt Coverage: AITU.F's debt is well covered by operating cash flow (478.7%).
Interest Coverage: AITU.F's interest payments on its debt are well covered by EBIT (29.7x coverage).