Asanuma Balance Sheet Health
Financial Health criteria checks 5/6
Asanuma has a total shareholder equity of ¥48.7B and total debt of ¥15.0B, which brings its debt-to-equity ratio to 30.8%. Its total assets and total liabilities are ¥101.3B and ¥52.5B respectively. Asanuma's EBIT is ¥4.0B making its interest coverage ratio -74.9. It has cash and short-term investments of ¥13.0B.
Key information
30.8%
Debt to equity ratio
JP¥14.98b
Debt
Interest coverage ratio | -74.9x |
Cash | JP¥13.03b |
Equity | JP¥48.71b |
Total liabilities | JP¥52.55b |
Total assets | JP¥101.25b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1852's short term assets (¥83.2B) exceed its short term liabilities (¥45.2B).
Long Term Liabilities: 1852's short term assets (¥83.2B) exceed its long term liabilities (¥7.4B).
Debt to Equity History and Analysis
Debt Level: 1852's net debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: 1852's debt to equity ratio has reduced from 31.2% to 30.8% 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.