Aska Balance Sheet Health
Financial Health criteria checks 4/6
Aska has a total shareholder equity of ¥12.9B and total debt of ¥14.8B, which brings its debt-to-equity ratio to 114.8%. Its total assets and total liabilities are ¥40.6B and ¥27.6B respectively. Aska's EBIT is ¥1.8B making its interest coverage ratio 73. It has cash and short-term investments of ¥2.1B.
Key information
114.8%
Debt to equity ratio
JP¥14.85b
Debt
| Interest coverage ratio | 73x |
| Cash | JP¥2.06b |
| Equity | JP¥12.94b |
| Total liabilities | JP¥27.64b |
| Total assets | JP¥40.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7227's short term assets (¥15.4B) do not cover its short term liabilities (¥17.7B).
Long Term Liabilities: 7227's short term assets (¥15.4B) exceed its long term liabilities (¥10.0B).
Debt to Equity History and Analysis
Debt Level: 7227's net debt to equity ratio (98.9%) is considered high.
Reducing Debt: 7227's debt to equity ratio has reduced from 233.6% to 114.8% over the past 5 years.
Debt Coverage: 7227's debt is well covered by operating cash flow (22.7%).
Interest Coverage: 7227's interest payments on its debt are well covered by EBIT (73x coverage).