Aisin Balance Sheet Health
Financial Health criteria checks 6/6
Aisin has a total shareholder equity of ¥2,382.1B and total debt of ¥712.7B, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are ¥4,569.6B and ¥2,187.5B respectively. Aisin's EBIT is ¥145.7B making its interest coverage ratio -404.8. It has cash and short-term investments of ¥574.9B.
Key information
29.9%
Debt to equity ratio
JP¥712.75b
Debt
| Interest coverage ratio | -404.8x |
| Cash | JP¥574.94b |
| Equity | JP¥2.38t |
| Total liabilities | JP¥2.19t |
| Total assets | JP¥4.57t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKN's short term assets (¥1,932.8B) exceed its short term liabilities (¥1,153.5B).
Long Term Liabilities: AKN's short term assets (¥1,932.8B) exceed its long term liabilities (¥1,034.0B).
Debt to Equity History and Analysis
Debt Level: AKN's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: AKN's debt to equity ratio has reduced from 32.3% to 29.9% over the past 5 years.
Debt Coverage: AKN's debt is well covered by operating cash flow (57.1%).
Interest Coverage: AKN earns more interest than it pays, so coverage of interest payments is not a concern.