Azbil Balance Sheet Health
Financial Health criteria checks 6/6
Azbil has a total shareholder equity of ¥226.8B and total debt of ¥8.1B, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ¥299.3B and ¥72.5B respectively. Azbil's EBIT is ¥38.0B making its interest coverage ratio -33.2. It has cash and short-term investments of ¥80.8B.
Key information
3.6%
Debt to equity ratio
JP¥8.06b
Debt
| Interest coverage ratio | -33.2x |
| Cash | JP¥80.75b |
| Equity | JP¥226.82b |
| Total liabilities | JP¥72.50b |
| Total assets | JP¥299.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YMK's short term assets (¥215.9B) exceed its short term liabilities (¥61.2B).
Long Term Liabilities: YMK's short term assets (¥215.9B) exceed its long term liabilities (¥11.3B).
Debt to Equity History and Analysis
Debt Level: YMK has more cash than its total debt.
Reducing Debt: YMK's debt to equity ratio has reduced from 4.9% to 3.6% over the past 5 years.
Debt Coverage: YMK's debt is well covered by operating cash flow (341.9%).
Interest Coverage: YMK earns more interest than it pays, so coverage of interest payments is not a concern.