ASNOVA Balance Sheet Health
Financial Health criteria checks 1/6
ASNOVA has a total shareholder equity of ¥2.9B and total debt of ¥6.3B, which brings its debt-to-equity ratio to 212.3%. Its total assets and total liabilities are ¥9.7B and ¥6.7B respectively. ASNOVA's EBIT is ¥272.0M making its interest coverage ratio 17. It has cash and short-term investments of ¥1.1B.
Key information
212.3%
Debt to equity ratio
JP¥6.26b
Debt
Interest coverage ratio | 17x |
Cash | JP¥1.07b |
Equity | JP¥2.95b |
Total liabilities | JP¥6.71b |
Total assets | JP¥9.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9223's short term assets (¥1.9B) do not cover its short term liabilities (¥2.7B).
Long Term Liabilities: 9223's short term assets (¥1.9B) do not cover its long term liabilities (¥4.0B).
Debt to Equity History and Analysis
Debt Level: 9223's net debt to equity ratio (176%) is considered high.
Reducing Debt: Insufficient data to determine if 9223's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9223's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: 9223's interest payments on its debt are well covered by EBIT (17x coverage).