ASIRO Balance Sheet Health
Financial Health criteria checks 4/6
ASIRO has a total shareholder equity of ¥2.0B and total debt of ¥579.0M, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are ¥3.6B and ¥1.5B respectively. ASIRO's EBIT is ¥4.0M making its interest coverage ratio 0.4. It has cash and short-term investments of ¥1.2B.
Key information
28.6%
Debt to equity ratio
JP¥579.00m
Debt
Interest coverage ratio | 0.4x |
Cash | JP¥1.24b |
Equity | JP¥2.03b |
Total liabilities | JP¥1.53b |
Total assets | JP¥3.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7378's short term assets (¥1.9B) exceed its short term liabilities (¥938.0M).
Long Term Liabilities: 7378's short term assets (¥1.9B) exceed its long term liabilities (¥596.0M).
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 (44.7%).
Interest Coverage: 7378's interest payments on its debt are not well covered by EBIT (0.4x coverage).