Asahi-Seiki ManufacturingLtd Balance Sheet Health
Financial Health criteria checks 3/6
Asahi-Seiki ManufacturingLtd has a total shareholder equity of ¥14.2B and total debt of ¥2.1B, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are ¥20.7B and ¥6.5B respectively.
Key information
14.8%
Debt to equity ratio
JP¥2.10b
Debt
Interest coverage ratio | n/a |
Cash | JP¥3.99b |
Equity | JP¥14.17b |
Total liabilities | JP¥6.51b |
Total assets | JP¥20.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6111's short term assets (¥12.1B) exceed its short term liabilities (¥5.4B).
Long Term Liabilities: 6111's short term assets (¥12.1B) 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 7% to 14.8% over the past 5 years.
Debt Coverage: 6111's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 6111's interest payments on its debt are well covered by EBIT.