Asukanet Balance Sheet Health
Financial Health criteria checks 6/6
Asukanet has a total shareholder equity of ¥6.2B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥6.9B and ¥701.0M respectively. Asukanet's EBIT is ¥439.0M making its interest coverage ratio -73.2. It has cash and short-term investments of ¥1.2B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -73.2x |
Cash | JP¥1.23b |
Equity | JP¥6.17b |
Total liabilities | JP¥701.00m |
Total assets | JP¥6.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2438's short term assets (¥3.1B) exceed its short term liabilities (¥692.0M).
Long Term Liabilities: 2438's short term assets (¥3.1B) exceed its long term liabilities (¥9.0M).
Debt to Equity History and Analysis
Debt Level: 2438 is debt free.
Reducing Debt: 2438 has not had any debt for past 5 years.
Debt Coverage: 2438 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2438 has no debt, therefore coverage of interest payments is not a concern.