Asanuma Balance Sheet Health
Financial Health criteria checks 5/6
Asanuma has a total shareholder equity of ¥43.0B and total debt of ¥9.9B, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are ¥86.1B and ¥43.0B respectively. Asanuma's EBIT is ¥4.6B making its interest coverage ratio -82. It has cash and short-term investments of ¥9.6B.
Key information
23.0%
Debt to equity ratio
JP¥9.91b
Debt
| Interest coverage ratio | -82x |
| Cash | JP¥9.60b |
| Equity | JP¥43.04b |
| Total liabilities | JP¥43.04b |
| Total assets | JP¥86.08b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1852's short term assets (¥68.5B) exceed its short term liabilities (¥35.8B).
Long Term Liabilities: 1852's short term assets (¥68.5B) exceed its long term liabilities (¥7.3B).
Debt to Equity History and Analysis
Debt Level: 1852's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: 1852's debt to equity ratio has reduced from 31.5% to 23% over the past 5 years.
Debt Coverage: 1852's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1852 earns more interest than it pays, so coverage of interest payments is not a concern.