Asia Air Survey Balance Sheet Health
Financial Health criteria checks 5/6
Asia Air Survey has a total shareholder equity of ¥21.1B and total debt of ¥281.0M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are ¥34.0B and ¥12.9B respectively. Asia Air Survey's EBIT is ¥2.5B making its interest coverage ratio -33.1. It has cash and short-term investments of ¥12.4B.
Key information
1.3%
Debt to equity ratio
JP¥281.00m
Debt
| Interest coverage ratio | -33.1x |
| Cash | JP¥12.45b |
| Equity | JP¥21.09b |
| Total liabilities | JP¥12.91b |
| Total assets | JP¥34.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9233's short term assets (¥20.7B) exceed its short term liabilities (¥7.8B).
Long Term Liabilities: 9233's short term assets (¥20.7B) exceed its long term liabilities (¥5.1B).
Debt to Equity History and Analysis
Debt Level: 9233 has more cash than its total debt.
Reducing Debt: 9233's debt to equity ratio has increased from 0% to 1.3% over the past 5 years.
Debt Coverage: 9233's debt is well covered by operating cash flow (1148%).
Interest Coverage: 9233 earns more interest than it pays, so coverage of interest payments is not a concern.