Asahi Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Asahi Group Holdings has a total shareholder equity of ¥2,583.6B and total debt of ¥1,389.1B, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are ¥5,298.4B and ¥2,714.8B respectively. Asahi Group Holdings's EBIT is ¥254.8B making its interest coverage ratio 53.7. It has cash and short-term investments of ¥46.2B.
Key information
53.8%
Debt to equity ratio
JP¥1.39t
Debt
| Interest coverage ratio | 53.7x |
| Cash | JP¥46.20b |
| Equity | JP¥2.58t |
| Total liabilities | JP¥2.71t |
| Total assets | JP¥5.30t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABW's short term assets (¥826.2B) do not cover its short term liabilities (¥1,252.8B).
Long Term Liabilities: ABW's short term assets (¥826.2B) do not cover its long term liabilities (¥1,462.0B).
Debt to Equity History and Analysis
Debt Level: ABW's net debt to equity ratio (52%) is considered high.
Reducing Debt: ABW's debt to equity ratio has reduced from 87.9% to 53.8% over the past 5 years.
Debt Coverage: ABW's debt is well covered by operating cash flow (22.7%).
Interest Coverage: ABW's interest payments on its debt are well covered by EBIT (53.7x coverage).