ASIRO Balance Sheet Health
Financial Health criteria checks 5/6
ASIRO has a total shareholder equity of ¥2.1B and total debt of ¥552.0M, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are ¥3.7B and ¥1.6B respectively. ASIRO's EBIT is ¥147.0M making its interest coverage ratio 14.7. It has cash and short-term investments of ¥1.4B.
Key information
25.9%
Debt to equity ratio
JP¥552.00m
Debt
| Interest coverage ratio | 14.7x |
| Cash | JP¥1.36b |
| Equity | JP¥2.13b |
| Total liabilities | JP¥1.56b |
| Total assets | JP¥3.69b |
Recent financial health updates
No updates
Recent updates
Investors Appear Satisfied With ASIRO Inc.'s (TSE:7378) Prospects As Shares Rocket 35%
Sep 19
Is Now An Opportune Moment To Examine ASIRO Inc. (TSE:7378)?
Sep 17ASIRO's (TSE:7378) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 06ASIRO's (TSE:7378) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 22Financial Position Analysis
Short Term Liabilities: 7378's short term assets (¥2.1B) exceed its short term liabilities (¥1.0B).
Long Term Liabilities: 7378's short term assets (¥2.1B) exceed its long term liabilities (¥556.0M).
Debt to Equity History and Analysis
Debt Level: 7378 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 7378's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7378's debt is well covered by operating cash flow (95.8%).
Interest Coverage: 7378's interest payments on its debt are well covered by EBIT (14.7x coverage).