Aska Balance Sheet Health
Financial Health criteria checks 3/6
Aska has a total shareholder equity of ¥12.2B and total debt of ¥16.2B, which brings its debt-to-equity ratio to 133%. Its total assets and total liabilities are ¥38.2B and ¥26.0B respectively. Aska's EBIT is ¥2.0B making its interest coverage ratio -676.7. It has cash and short-term investments of ¥1.1B.
Key information
133.0%
Debt to equity ratio
JP¥16.20b
Debt
Interest coverage ratio | -676.7x |
Cash | JP¥1.11b |
Equity | JP¥12.18b |
Total liabilities | JP¥26.02b |
Total assets | JP¥38.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7227's short term assets (¥13.3B) do not cover its short term liabilities (¥17.3B).
Long Term Liabilities: 7227's short term assets (¥13.3B) exceed its long term liabilities (¥8.7B).
Debt to Equity History and Analysis
Debt Level: 7227's net debt to equity ratio (123.9%) is considered high.
Reducing Debt: 7227's debt to equity ratio has reduced from 246.2% to 133% over the past 5 years.
Debt Coverage: 7227's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: 7227 earns more interest than it pays, so coverage of interest payments is not a concern.