AGC Balance Sheet Health
Financial Health criteria checks 6/6
AGC has a total shareholder equity of ¥1,727.1B and total debt of ¥661.4B, which brings its debt-to-equity ratio to 38.3%. Its total assets and total liabilities are ¥2,989.8B and ¥1,262.7B respectively. AGC's EBIT is ¥87.6B making its interest coverage ratio 23.1. It has cash and short-term investments of ¥123.0B.
Key information
38.3%
Debt to equity ratio
JP¥661.44b
Debt
| Interest coverage ratio | 23.1x |
| Cash | JP¥123.02b |
| Equity | JP¥1.73t |
| Total liabilities | JP¥1.26t |
| Total assets | JP¥2.99t |
Recent financial health updates
Does AGC (TSE:5201) Have A Healthy Balance Sheet?
Jul 12
AGC (TSE:5201) Takes On Some Risk With Its Use Of Debt
Apr 08Recent updates
Does AGC (TSE:5201) Have A Healthy Balance Sheet?
Jul 12Market Participants Recognise AGC Inc.'s (TSE:5201) Revenues
Jun 07AGC's (TSE:5201) Earnings Offer More Than Meets The Eye
May 21Revenue Beat: AGC Inc. Exceeded Revenue Forecasts By 10% And Analysts Are Updating Their Estimates
May 10AGC's (TSE:5201) Returns Have Hit A Wall
Apr 27AGC (TSE:5201) Takes On Some Risk With Its Use Of Debt
Apr 08An Intrinsic Calculation For AGC Inc. (TSE:5201) Suggests It's 34% Undervalued
Mar 19Investors Appear Satisfied With AGC Inc.'s (TSE:5201) Prospects
Mar 01Financial Position Analysis
Short Term Liabilities: 5201's short term assets (¥1,020.3B) exceed its short term liabilities (¥682.3B).
Long Term Liabilities: 5201's short term assets (¥1,020.3B) exceed its long term liabilities (¥580.4B).
Debt to Equity History and Analysis
Debt Level: 5201's net debt to equity ratio (31.2%) is considered satisfactory.
Reducing Debt: 5201's debt to equity ratio has reduced from 47.3% to 38.3% over the past 5 years.
Debt Coverage: 5201's debt is well covered by operating cash flow (37.8%).
Interest Coverage: 5201's interest payments on its debt are well covered by EBIT (23.1x coverage).