Asanuma Balance Sheet Health
Financial Health criteria checks 4/6
Asanuma has a total shareholder equity of ¥44.4B and total debt of ¥18.1B, which brings its debt-to-equity ratio to 40.7%. Its total assets and total liabilities are ¥91.5B and ¥47.1B respectively. Asanuma's EBIT is ¥4.8B making its interest coverage ratio -79.9. It has cash and short-term investments of ¥8.7B.
Key information
40.7%
Debt to equity ratio
JP¥18.07b
Debt
Interest coverage ratio | -79.9x |
Cash | JP¥8.73b |
Equity | JP¥44.41b |
Total liabilities | JP¥47.06b |
Total assets | JP¥91.48b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1852's short term assets (¥74.9B) exceed its short term liabilities (¥34.6B).
Long Term Liabilities: 1852's short term assets (¥74.9B) exceed its long term liabilities (¥12.5B).
Debt to Equity History and Analysis
Debt Level: 1852's net debt to equity ratio (21%) is considered satisfactory.
Reducing Debt: 1852's debt to equity ratio has increased from 33.5% to 40.7% over the past 5 years.
Debt Coverage: 1852's debt is not well covered by operating cash flow (8%).
Interest Coverage: 1852 earns more interest than it pays, so coverage of interest payments is not a concern.