Ashimori Industry Balance Sheet Health
Financial Health criteria checks 5/6
Ashimori Industry has a total shareholder equity of ¥21.0B and total debt of ¥14.7B, which brings its debt-to-equity ratio to 70.1%. Its total assets and total liabilities are ¥53.8B and ¥32.8B respectively. Ashimori Industry's EBIT is ¥3.3B making its interest coverage ratio 21.6. It has cash and short-term investments of ¥5.9B.
Key information
70.1%
Debt to equity ratio
JP¥14.71b
Debt
| Interest coverage ratio | 21.6x |
| Cash | JP¥5.92b |
| Equity | JP¥21.00b |
| Total liabilities | JP¥32.76b |
| Total assets | JP¥53.75b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3526's short term assets (¥34.9B) exceed its short term liabilities (¥21.6B).
Long Term Liabilities: 3526's short term assets (¥34.9B) exceed its long term liabilities (¥11.1B).
Debt to Equity History and Analysis
Debt Level: 3526's net debt to equity ratio (41.9%) is considered high.
Reducing Debt: 3526's debt to equity ratio has reduced from 95.5% to 70.1% over the past 5 years.
Debt Coverage: 3526's debt is well covered by operating cash flow (32.7%).
Interest Coverage: 3526's interest payments on its debt are well covered by EBIT (21.6x coverage).