ASNOVA Balance Sheet Health
Financial Health criteria checks 1/6
ASNOVA has a total shareholder equity of ¥3.0B and total debt of ¥7.7B, which brings its debt-to-equity ratio to 254.9%. Its total assets and total liabilities are ¥11.5B and ¥8.5B respectively. ASNOVA's EBIT is ¥251.0M making its interest coverage ratio 8.7. It has cash and short-term investments of ¥1.3B.
Key information
254.9%
Debt to equity ratio
JP¥7.69b
Debt
| Interest coverage ratio | 8.7x |
| Cash | JP¥1.31b |
| Equity | JP¥3.02b |
| Total liabilities | JP¥8.46b |
| Total assets | JP¥11.48b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9223's short term assets (¥2.4B) do not cover its short term liabilities (¥3.4B).
Long Term Liabilities: 9223's short term assets (¥2.4B) do not cover its long term liabilities (¥5.0B).
Debt to Equity History and Analysis
Debt Level: 9223's net debt to equity ratio (211.6%) 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 (19.4%).
Interest Coverage: 9223's interest payments on its debt are well covered by EBIT (8.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 19:29 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ASNOVA Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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