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 ¥7.1B and ¥933.6M respectively. Asukanet's EBIT is ¥447.5M making its interest coverage ratio -66. It has cash and short-term investments of ¥1.7B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -66x |
| Cash | JP¥1.67b |
| Equity | JP¥6.16b |
| Total liabilities | JP¥933.63m |
| Total assets | JP¥7.09b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2438's short term assets (¥3.5B) exceed its short term liabilities (¥926.3M).
Long Term Liabilities: 2438's short term assets (¥3.5B) exceed its long term liabilities (¥7.3M).
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.