Aisin Balance Sheet Health
Financial Health criteria checks 6/6
Aisin has a total shareholder equity of ¥2,402.0B and total debt of ¥726.3B, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are ¥4,643.0B and ¥2,241.0B respectively. Aisin's EBIT is ¥143.4B making its interest coverage ratio -9.6. It has cash and short-term investments of ¥566.6B.
Key information
30.2%
Debt to equity ratio
JP¥726.29b
Debt
Interest coverage ratio | -9.6x |
Cash | JP¥566.57b |
Equity | JP¥2.40t |
Total liabilities | JP¥2.24t |
Total assets | JP¥4.64t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKN's short term assets (¥1,897.8B) exceed its short term liabilities (¥1,177.8B).
Long Term Liabilities: AKN's short term assets (¥1,897.8B) exceed its long term liabilities (¥1,063.1B).
Debt to Equity History and Analysis
Debt Level: AKN's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: AKN's debt to equity ratio has reduced from 32.6% to 30.2% over the past 5 years.
Debt Coverage: AKN's debt is well covered by operating cash flow (68.8%).
Interest Coverage: AKN earns more interest than it pays, so coverage of interest payments is not a concern.