ASICS Balance Sheet Health
Financial Health criteria checks 5/6
ASICS has a total shareholder equity of ¥218.1B and total debt of ¥68.7B, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are ¥488.4B and ¥270.3B respectively. ASICS's EBIT is ¥89.9B making its interest coverage ratio 87.1. It has cash and short-term investments of ¥115.3B.
Key information
31.5%
Debt to equity ratio
JP¥68.67b
Debt
| Interest coverage ratio | 87.1x |
| Cash | JP¥115.33b |
| Equity | JP¥218.08b |
| Total liabilities | JP¥270.31b |
| Total assets | JP¥488.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASI's short term assets (¥344.1B) exceed its short term liabilities (¥185.1B).
Long Term Liabilities: ASI's short term assets (¥344.1B) exceed its long term liabilities (¥85.2B).
Debt to Equity History and Analysis
Debt Level: ASI has more cash than its total debt.
Reducing Debt: ASI's debt to equity ratio has increased from 26.4% to 31.5% over the past 5 years.
Debt Coverage: ASI's debt is well covered by operating cash flow (151.4%).
Interest Coverage: ASI's interest payments on its debt are well covered by EBIT (87.1x coverage).