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Credit Rating Analysis: アーク (Annual )

The details of credit rating (bankruptcy risk) can be checked. A credit rating in nine stages (AAA-C).

【Analysis Menu】 @Outline @Statement @Rating @Indicator @Download

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Credit Rating (Bankruptcy Risk): アーク (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2013-03-31  C  Credit is extremely vulnerable. The lowest rating. ¥ 81 B
-19.70%
¥ 3 B
-9.97%
¥ -805 M
83.91%

Financial Timeline

Date  2012-12-31 
(Third quarter )
 2013-03-31 
(Annual )
 2013-06-30 
(First quarter )
 2013-09-30 
(Second quarter )
Credit Rating CCCCCCCCC
Total Assets
¥ 88 B
¥ 63 B
¥ 64 B
¥ 54 B
Net Assets
¥ 20 B
¥ 23 B
¥ 24 B
¥ 25 B

Financial Statement Risk Analysis: アーク (Annual ) (Consolidated )

Special note
Net income is minus 5 consecutive terms. The business have very high risk.
[Date: 2013-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -805 M) is minus or 0, so , there is a possibility that the management situation is severe.
Management Risk (*Sales is decrease )
Sales (¥ 81 B) is first term Sales (¥ 101 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 65 B) is first term Gross Income (¥ 81 B) less , there is a possibility that the management situation has stagnated and deteriorated
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -13 B) is Sales first term ratio (¥ -20 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2012-03-31]  Danger : Warning : Caution : Good
Stated Capital less
Stated Capital (¥ 12 B) is first term Stated Capital (¥ 30 B) less , there is a possibility that the management situation is very severe.
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -5 B) is minus or 0, so , there is a possibility that the management situation is severe.
Financing Risk (*Issuance of new shares)
Investment Cash Flow (¥ 494 M) is a plus, Issuance of new shares (¥ 29 B) is plus. Because it is thought that the circulating fund is gained by sale and new issue of stocks of stock property , there is a possibility that the financing is severe.
[Date: 2011-03-31]  Danger : Warning : Caution : Good
Management Risk (*Liabilities in excess of assets)
Net Assets (¥ -3 B) is minus, so Liabilities in excess of assets , the management situation is extremely severe.
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -9 B) is minus or 0, so , there is a possibility that the management situation is severe.
Management Risk (*Sales is decrease )
Sales (¥ 98 B) is first term Sales (¥ 122 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 80 B) is first term Gross Income (¥ 106 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -2 B) & Financial Cash Flow (¥ -1 B) is a minus, Operating Cash Flow (¥ 4 B) is a plus,
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 522 M) is Sales first term ratio (¥ -24 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2010-03-31]  Danger : Warning : Caution : Good
Management Risk (*Cumulative loss)
Earned Surplus etc. (¥ -22 B) is minus, so Cumulative loss , there is a possibility that the management situation is severe.
Management Risk (*Net Income & Sales is sharp decrease )
As compared with the first term of Sales (¥ 122 B) , Sales (¥ 297 B) is less than 80%, and As compared with the first term of Net Income (¥ -17 B) , Net Income (¥ -15 B) is less than 10%, , there is a possibility that the management situation has deteriorated very much.
Management Risk (*Sales is decrease )
Sales (¥ 122 B) is first term Sales (¥ 297 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 106 B) is first term Gross Income (¥ 254 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (-12.62%) is first term Net Profit Margin (-5.73%) less , there is a possibility that the profitability has deteriorated.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -38 B) is Sales first term ratio (¥ -175 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2009-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -17 B) is minus or 0, so , there is a possibility that the management situation is severe.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -15 B) & Financial Cash Flow (¥ -1 B) is a minus, Operating Cash Flow (¥ 7 B) is a plus,
Overinvestment Risk (*Investment Cash Flow confirmed content)
Net Income (¥ -17 B) is a minus, the cashflow of Operating Cash Flow (¥ 7 B) is smaller than Investment Cash Flow (¥ -15 B) , there is a possibility of the overinvestment.

Ticker Market Industry Month report Rating
@ アーク 7873 TSE 1st Other Products 3 Annual C

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@ アーク (Sales ¥ 81 B)
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