Asahi Rubber Balance Sheet Health
Financial Health criteria checks 6/6
Asahi Rubber has a total shareholder equity of ¥5.0B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 39.1%. Its total assets and total liabilities are ¥9.5B and ¥4.5B respectively. Asahi Rubber's EBIT is ¥87.0M making its interest coverage ratio 43.5. It has cash and short-term investments of ¥2.4B.
Key information
39.1%
Debt to equity ratio
JP¥1.96b
Debt
| Interest coverage ratio | 43.5x |
| Cash | JP¥2.39b |
| Equity | JP¥5.02b |
| Total liabilities | JP¥4.47b |
| Total assets | JP¥9.49b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 5162's short term assets (¥5.4B) exceed its short term liabilities (¥2.5B).
Long Term Liabilities: 5162's short term assets (¥5.4B) exceed its long term liabilities (¥2.0B).
Debt to Equity History and Analysis
Debt Level: 5162 has more cash than its total debt.
Reducing Debt: 5162's debt to equity ratio has reduced from 73.2% to 39.1% over the past 5 years.
Debt Coverage: 5162's debt is well covered by operating cash flow (30.8%).
Interest Coverage: 5162's interest payments on its debt are well covered by EBIT (43.5x coverage).