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 40.8%. Its total assets and total liabilities are ¥9.7B and ¥4.7B respectively. Asahi Rubber's EBIT is ¥95.0M making its interest coverage ratio 95. It has cash and short-term investments of ¥2.3B.
Key information
40.8%
Debt to equity ratio
JP¥2.05b
Debt
| Interest coverage ratio | 95x |
| Cash | JP¥2.27b |
| Equity | JP¥5.02b |
| Total liabilities | JP¥4.70b |
| Total assets | JP¥9.73b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 5162's short term assets (¥5.3B) exceed its short term liabilities (¥2.8B).
Long Term Liabilities: 5162's short term assets (¥5.3B) exceed its long term liabilities (¥1.9B).
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 72.1% to 40.8% over the past 5 years.
Debt Coverage: 5162's debt is well covered by operating cash flow (22.9%).
Interest Coverage: 5162's interest payments on its debt are well covered by EBIT (95x coverage).