Asia Air Survey Balance Sheet Health
Financial Health criteria checks 5/6
Asia Air Survey has a total shareholder equity of ¥19.7B and total debt of ¥2.7B, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are ¥34.0B and ¥14.4B respectively. Asia Air Survey's EBIT is ¥2.7B making its interest coverage ratio -42.3. It has cash and short-term investments of ¥2.7B.
Key information
13.7%
Debt to equity ratio
JP¥2.70b
Debt
Interest coverage ratio | -42.3x |
Cash | JP¥2.73b |
Equity | JP¥19.66b |
Total liabilities | JP¥14.39b |
Total assets | JP¥34.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9233's short term assets (¥20.9B) exceed its short term liabilities (¥8.9B).
Long Term Liabilities: 9233's short term assets (¥20.9B) exceed its long term liabilities (¥5.5B).
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 4.3% to 13.7% over the past 5 years.
Debt Coverage: 9233's debt is well covered by operating cash flow (182.2%).
Interest Coverage: 9233 earns more interest than it pays, so coverage of interest payments is not a concern.