ASICS Balance Sheet Health
Financial Health criteria checks 5/6
ASICS has a total shareholder equity of ¥206.8B and total debt of ¥82.6B, which brings its debt-to-equity ratio to 39.9%. Its total assets and total liabilities are ¥464.1B and ¥257.3B respectively. ASICS's EBIT is ¥54.2B making its interest coverage ratio 36. It has cash and short-term investments of ¥114.0B.
Key information
39.9%
Debt to equity ratio
JP¥82.59b
Debt
| Interest coverage ratio | 36x |
| Cash | JP¥114.01b |
| Equity | JP¥206.80b |
| Total liabilities | JP¥257.32b |
| Total assets | JP¥464.12b |
Recent financial health updates
Recent updates
ASICS (TSE:7936) Has Announced A Dividend Of ¥35.00
Apr 26
ASICS (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 (¥323.5B) exceed its short term liabilities (¥143.6B).
Long Term Liabilities: 7936's short term assets (¥323.5B) exceed its long term liabilities (¥113.7B).
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 30.9% to 39.9% over the past 5 years.
Debt Coverage: 7936's debt is well covered by operating cash flow (109.1%).
Interest Coverage: 7936's interest payments on its debt are well covered by EBIT (36x coverage).