Ajinomoto Balance Sheet Health
Financial Health criteria checks 5/6
Ajinomoto has a total shareholder equity of ¥833.3B and total debt of ¥491.4B, which brings its debt-to-equity ratio to 59%. Its total assets and total liabilities are ¥1,733.9B and ¥900.7B respectively. Ajinomoto's EBIT is ¥146.6B making its interest coverage ratio -117.3. It has cash and short-term investments of ¥176.5B.
Key information
59.0%
Debt to equity ratio
JP¥491.37b
Debt
| Interest coverage ratio | -117.3x |
| Cash | JP¥176.54b |
| Equity | JP¥833.27b |
| Total liabilities | JP¥900.68b |
| Total assets | JP¥1.73t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AJI0's short term assets (¥705.4B) exceed its short term liabilities (¥333.9B).
Long Term Liabilities: AJI0's short term assets (¥705.4B) exceed its long term liabilities (¥566.8B).
Debt to Equity History and Analysis
Debt Level: AJI0's net debt to equity ratio (37.8%) is considered satisfactory.
Reducing Debt: AJI0's debt to equity ratio has increased from 48.5% to 59% over the past 5 years.
Debt Coverage: AJI0's debt is well covered by operating cash flow (40%).
Interest Coverage: AJI0 earns more interest than it pays, so coverage of interest payments is not a concern.