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
These 4 Measures Indicate That ASICS (TSE:7936) Is Using Debt Safely
Dec 12
ASICS (TSE:7936) Could Easily Take On More Debt
Mar 25Recent updates
ASICS Corporation (TSE:7936) Not Flying Under The Radar
Dec 25These 4 Measures Indicate That ASICS (TSE:7936) Is Using Debt Safely
Dec 12We Like ASICS' (TSE:7936) Returns And Here's How They're Trending
Nov 28ASICS Corporation Just Beat EPS By 53%: Here's What Analysts Think Will Happen Next
Nov 12Here'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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 03:05 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ASICS Corporation is covered by 20 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Rafe Jadrosich | BofA Global Research |
| Yingqiu Zhang | Citigroup Inc |
| Nigel Muston | CLSA |