Ajinomoto Balance Sheet Health
Financial Health criteria checks 5/6
Ajinomoto has a total shareholder equity of ¥867.0B and total debt of ¥521.2B, which brings its debt-to-equity ratio to 60.1%. Its total assets and total liabilities are ¥1,785.5B and ¥918.6B respectively. Ajinomoto's EBIT is ¥131.5B making its interest coverage ratio -34.7. It has cash and short-term investments of ¥245.9B.
Key information
60.1%
Debt to equity ratio
JP¥521.21b
Debt
Interest coverage ratio | -34.7x |
Cash | JP¥245.86b |
Equity | JP¥866.96b |
Total liabilities | JP¥918.57b |
Total assets | JP¥1.79t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AJI's short term assets (¥771.6B) exceed its short term liabilities (¥563.4B).
Long Term Liabilities: AJI's short term assets (¥771.6B) exceed its long term liabilities (¥355.1B).
Debt to Equity History and Analysis
Debt Level: AJI's net debt to equity ratio (31.8%) is considered satisfactory.
Reducing Debt: AJI's debt to equity ratio has increased from 53.8% to 60.1% over the past 5 years.
Debt Coverage: AJI's debt is well covered by operating cash flow (27.9%).
Interest Coverage: AJI earns more interest than it pays, so coverage of interest payments is not a concern.