Asahi-Seiki ManufacturingLtd Balance Sheet Health
Financial Health criteria checks 4/6
Asahi-Seiki ManufacturingLtd has a total shareholder equity of ¥14.0B and total debt of ¥2.2B, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are ¥20.4B and ¥6.4B respectively.
Key information
15.4%
Debt to equity ratio
JP¥2.16b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥3.08b |
| Equity | JP¥14.00b |
| Total liabilities | JP¥6.40b |
| Total assets | JP¥20.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6111's short term assets (¥11.9B) exceed its short term liabilities (¥5.3B).
Long Term Liabilities: 6111's short term assets (¥11.9B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: 6111 has more cash than its total debt.
Reducing Debt: 6111's debt to equity ratio has increased from 10.2% to 15.4% over the past 5 years.
Debt Coverage: 6111's debt is well covered by operating cash flow (65.6%).
Interest Coverage: Insufficient data to determine if 6111's interest payments on its debt are well covered by EBIT.