ASICS Balance Sheet Health
Financial Health criteria checks 5/6
ASICS has a total shareholder equity of ¥218.1B and total debt of ¥68.7B, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are ¥488.4B and ¥270.3B respectively. ASICS's EBIT is ¥89.9B making its interest coverage ratio 87.1. It has cash and short-term investments of ¥115.3B.
Key information
31.5%
Debt to equity ratio
JP¥68.67b
Debt
| Interest coverage ratio | 87.1x |
| Cash | JP¥115.33b |
| Equity | JP¥218.08b |
| Total liabilities | JP¥270.31b |
| Total assets | JP¥488.39b |
Recent financial health updates
Recent updates
ASICS Corporation Just Beat EPS By 53%: Here's What Analysts Think Will Happen Next
Nov 12
Here's Why We Think ASICS (TSE:7936) Might Deserve Your Attention Today
Oct 27ASICS Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 17ASICS Corporation's (TSE:7936) Share Price Is Still Matching Investor Opinion Despite 27% Slump
Aug 06What Is ASICS Corporation's (TSE:7936) Share Price Doing?
Jul 30With EPS Growth And More, ASICS (TSE:7936) Makes An Interesting Case
Jul 11ASICS (TSE:7936) Is Due To Pay A Dividend Of ¥40.00
Jun 26Earnings Not Telling The Story For ASICS Corporation (TSE:7936) After Shares Rise 25%
May 24ASICS Corporation Just Recorded A 71% EPS Beat: Here's What Analysts Are Forecasting Next
May 14ASICS (TSE:7936) Has Announced A Dividend Of ¥35.00
May 11Investors Will Want ASICS' (TSE:7936) Growth In ROCE To Persist
May 09ASICS (TSE:7936) Has Announced A Dividend Of ¥35.00
Apr 26ASICS (TSE:7936) Is Due To Pay A Dividend Of ¥35.00
Apr 11Shareholders Will Be Pleased With The Quality of ASICS' (TSE:7936) Earnings
Apr 01ASICS (TSE:7936) Could Easily Take On More Debt
Mar 25Why Investors Shouldn't Be Surprised By ASICS Corporation's (TSE:7936) 38% Share Price Surge
Feb 26Financial Position Analysis
Short Term Liabilities: 7936's short term assets (¥344.1B) exceed its short term liabilities (¥185.1B).
Long Term Liabilities: 7936's short term assets (¥344.1B) exceed its long term liabilities (¥85.2B).
Debt to Equity History and Analysis
Debt Level: 7936 has more cash than its total debt.
Reducing Debt: 7936's debt to equity ratio has increased from 26.4% to 31.5% over the past 5 years.
Debt Coverage: 7936's debt is well covered by operating cash flow (151.4%).
Interest Coverage: 7936's interest payments on its debt are well covered by EBIT (87.1x coverage).