Aseed HoldingsLtd Balance Sheet Health
Financial Health criteria checks 2/6
Aseed HoldingsLtd has a total shareholder equity of ¥6.7B and total debt of ¥6.1B, which brings its debt-to-equity ratio to 91.1%. Its total assets and total liabilities are ¥18.8B and ¥12.1B respectively. Aseed HoldingsLtd's EBIT is ¥822.0M making its interest coverage ratio 26.5. It has cash and short-term investments of ¥1.3B.
Key information
91.1%
Debt to equity ratio
JP¥6.12b
Debt
Interest coverage ratio | 26.5x |
Cash | JP¥1.28b |
Equity | JP¥6.72b |
Total liabilities | JP¥12.07b |
Total assets | JP¥18.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9959's short term assets (¥7.0B) do not cover its short term liabilities (¥9.2B).
Long Term Liabilities: 9959's short term assets (¥7.0B) exceed its long term liabilities (¥2.9B).
Debt to Equity History and Analysis
Debt Level: 9959's net debt to equity ratio (72.1%) is considered high.
Reducing Debt: 9959's debt to equity ratio has increased from 76.2% to 91.1% over the past 5 years.
Debt Coverage: 9959's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: 9959's interest payments on its debt are well covered by EBIT (26.5x coverage).