Aisan Industry Balance Sheet Health
Financial Health criteria checks 6/6
Aisan Industry has a total shareholder equity of ¥140.9B and total debt of ¥41.0B, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are ¥271.1B and ¥130.2B respectively. Aisan Industry's EBIT is ¥17.9B making its interest coverage ratio -23.5. It has cash and short-term investments of ¥64.0B.
Key information
29.1%
Debt to equity ratio
JP¥41.01b
Debt
| Interest coverage ratio | -23.5x |
| Cash | JP¥64.02b |
| Equity | JP¥140.92b |
| Total liabilities | JP¥130.19b |
| Total assets | JP¥271.11b |
Recent financial health updates
No updates
Recent updates
Aisan Industry (TSE:7283) Will Pay A Larger Dividend Than Last Year At ¥32.00
Nov 27
Aisan Industry (TSE:7283) Will Pay A Dividend Of ¥28.00
Sep 24Aisan Industry (TSE:7283) Has Announced A Dividend Of ¥28.00
Jul 11Statutory Profit Doesn't Reflect How Good Aisan Industry's (TSE:7283) Earnings Are
Jun 22Benign Growth For Aisan Industry Co., Ltd. (TSE:7283) Underpins Its Share Price
Apr 26Financial Position Analysis
Short Term Liabilities: 7283's short term assets (¥150.7B) exceed its short term liabilities (¥80.2B).
Long Term Liabilities: 7283's short term assets (¥150.7B) exceed its long term liabilities (¥50.0B).
Debt to Equity History and Analysis
Debt Level: 7283 has more cash than its total debt.
Reducing Debt: 7283's debt to equity ratio has reduced from 42.7% to 29.1% over the past 5 years.
Debt Coverage: 7283's debt is well covered by operating cash flow (72.1%).
Interest Coverage: 7283 earns more interest than it pays, so coverage of interest payments is not a concern.