Asmo Balance Sheet Health
Financial Health criteria checks 6/6
Asmo has a total shareholder equity of ¥6.5B and total debt of ¥46.0M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ¥9.5B and ¥3.0B respectively. Asmo's EBIT is ¥558.0M making its interest coverage ratio -111.6. It has cash and short-term investments of ¥5.4B.
Key information
0.7%
Debt to equity ratio
JP¥46.00m
Debt
Interest coverage ratio | -111.6x |
Cash | JP¥5.40b |
Equity | JP¥6.48b |
Total liabilities | JP¥3.02b |
Total assets | JP¥9.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2654's short term assets (¥8.4B) exceed its short term liabilities (¥2.7B).
Long Term Liabilities: 2654's short term assets (¥8.4B) exceed its long term liabilities (¥288.0M).
Debt to Equity History and Analysis
Debt Level: 2654 has more cash than its total debt.
Reducing Debt: 2654's debt to equity ratio has reduced from 0.9% to 0.7% over the past 5 years.
Debt Coverage: 2654's debt is well covered by operating cash flow (1434.8%).
Interest Coverage: 2654 earns more interest than it pays, so coverage of interest payments is not a concern.