Asahi Songwon Colors Balance Sheet Health
Financial Health criteria checks 2/6
Asahi Songwon Colors has a total shareholder equity of ₹2.7B and total debt of ₹2.0B, which brings its debt-to-equity ratio to 72.3%. Its total assets and total liabilities are ₹6.0B and ₹3.3B respectively. Asahi Songwon Colors's EBIT is ₹230.9M making its interest coverage ratio 1.7. It has cash and short-term investments of ₹54.1M.
Key information
72.3%
Debt to equity ratio
₹1.97b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₹54.11m |
| Equity | ₹2.73b |
| Total liabilities | ₹3.29b |
| Total assets | ₹6.02b |
Recent financial health updates
Asahi Songwon Colors (NSE:ASAHISONG) Has A Somewhat Strained Balance Sheet
Sep 26
Is Asahi Songwon Colors (NSE:ASAHISONG) Using Too Much Debt?
Sep 09Would Asahi Songwon Colors (NSE:ASAHISONG) Be Better Off With Less Debt?
Jun 07Is Asahi Songwon Colors (NSE:ASAHISONG) Using Too Much Debt?
Jun 17Does Asahi Songwon Colors (NSE:ASAHISONG) Have A Healthy Balance Sheet?
Nov 17Does Asahi Songwon Colors (NSE:ASAHISONG) Have A Healthy Balance Sheet?
Feb 16Recent updates
Asahi Songwon Colors (NSE:ASAHISONG) Has A Somewhat Strained Balance Sheet
Sep 26Asahi Songwon Colors Limited (NSE:ASAHISONG) Stocks Shoot Up 26% But Its P/S Still Looks Reasonable
Jul 31Capital Allocation Trends At Asahi Songwon Colors (NSE:ASAHISONG) Aren't Ideal
Jul 02Asahi Songwon Colors (NSE:ASAHISONG) Strong Profits May Be Masking Some Underlying Issues
Jun 05Estimating The Fair Value Of Asahi Songwon Colors Limited (NSE:ASAHISONG)
Apr 24Is Asahi Songwon Colors (NSE:ASAHISONG) Using Too Much Debt?
Sep 09Asahi Songwon Colors' (NSE:ASAHISONG) Dividend Will Be ₹0.50
Sep 09Would Asahi Songwon Colors (NSE:ASAHISONG) Be Better Off With Less Debt?
Jun 07Is Asahi Songwon Colors (NSE:ASAHISONG) Using Too Much Debt?
Jun 17Be Wary Of Asahi Songwon Colors (NSE:ASAHISONG) And Its Returns On Capital
Dec 13Investors Could Be Concerned With Asahi Songwon Colors' (NSE:ASAHISONG) Returns On Capital
Dec 13Does Asahi Songwon Colors (NSE:ASAHISONG) Have A Healthy Balance Sheet?
Nov 17Asahi Songwon Colors (NSE:ASAHISONG) May Have Issues Allocating Its Capital
Jul 30With EPS Growth And More, Asahi Songwon Colors (NSE:ASAHISONG) Is Interesting
Jun 03Estimating The Intrinsic Value Of Asahi Songwon Colors Limited (NSE:ASAHISONG)
Apr 11Returns On Capital At Asahi Songwon Colors (NSE:ASAHISONG) Paint An Interesting Picture
Mar 16Does Asahi Songwon Colors (NSE:ASAHISONG) Have A Healthy Balance Sheet?
Feb 16Is Now The Time To Put Asahi Songwon Colors (NSE:ASAHISONG) On Your Watchlist?
Feb 01
Have Insiders Been Buying Asahi Songwon Colors Limited (NSE:ASAHISONG) Shares?
Jan 17Asahi Songwon Colors Limited (NSE:ASAHISONG) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Dec 31Is Asahi Songwon Colors (NSE:ASAHISONG) Likely To Turn Things Around?
Dec 13Asahi Songwon Colors (NSE:ASAHISONG) Is Growing Earnings But Are They A Good Guide?
Nov 25Is Asahi Songwon Colors (NSE:ASAHISONG) Using Too Much Debt?
Nov 07Did Asahi Songwon Colors Limited (NSE:ASAHISONG) Insiders Buy Up More Shares?
Oct 17Why Dividend Hunters Love Asahi Songwon Colors Limited (NSE:ASAHISONG)
Sep 26Financial Position Analysis
Short Term Liabilities: ASAHISONG's short term assets (₹2.8B) exceed its short term liabilities (₹2.4B).
Long Term Liabilities: ASAHISONG's short term assets (₹2.8B) exceed its long term liabilities (₹928.9M).
Debt to Equity History and Analysis
Debt Level: ASAHISONG's net debt to equity ratio (70.4%) is considered high.
Reducing Debt: ASAHISONG's debt to equity ratio has increased from 20.1% to 72.3% over the past 5 years.
Debt Coverage: ASAHISONG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ASAHISONG's interest payments on its debt are not well covered by EBIT (1.7x coverage).