Asahi Intecc Balance Sheet Health
Financial Health criteria checks 6/6
Asahi Intecc has a total shareholder equity of ¥152.0B and total debt of ¥6.7B, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are ¥191.6B and ¥39.7B respectively. Asahi Intecc's EBIT is ¥22.1B making its interest coverage ratio 670.9. It has cash and short-term investments of ¥38.7B.
Key information
4.4%
Debt to equity ratio
JP¥6.70b
Debt
| Interest coverage ratio | 670.9x |
| Cash | JP¥38.66b |
| Equity | JP¥151.96b |
| Total liabilities | JP¥39.66b |
| Total assets | JP¥191.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6XT's short term assets (¥94.7B) exceed its short term liabilities (¥29.5B).
Long Term Liabilities: 6XT's short term assets (¥94.7B) exceed its long term liabilities (¥10.2B).
Debt to Equity History and Analysis
Debt Level: 6XT has more cash than its total debt.
Reducing Debt: 6XT's debt to equity ratio has reduced from 9.2% to 4.4% over the past 5 years.
Debt Coverage: 6XT's debt is well covered by operating cash flow (517.9%).
Interest Coverage: 6XT's interest payments on its debt are well covered by EBIT (670.9x coverage).