Asante Balance Sheet Health
Financial Health criteria checks 5/6
Asante has a total shareholder equity of ¥12.1B and total debt of ¥2.4B, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are ¥16.9B and ¥4.7B respectively. Asante's EBIT is ¥1.2B making its interest coverage ratio 615.5. It has cash and short-term investments of ¥9.5B.
Key information
20.1%
Debt to equity ratio
JP¥2.43b
Debt
| Interest coverage ratio | 615.5x |
| Cash | JP¥9.47b |
| Equity | JP¥12.12b |
| Total liabilities | JP¥4.75b |
| Total assets | JP¥16.87b |
Recent financial health updates
No updates
Recent updates
Asante (TSE:6073) Has Affirmed Its Dividend Of ¥31.00
Sep 20
Asante (TSE:6073) Is Paying Out A Dividend Of ¥31.00
Sep 03Asante (TSE:6073) Is Paying Out A Dividend Of ¥31.00
Aug 20Asante's (TSE:6073) Dividend Will Be ¥31.00
Jul 26Asante's (TSE:6073) Dividend Will Be ¥31.00
Jul 11Asante (TSE:6073) Is Due To Pay A Dividend Of ¥31.00
Mar 04Financial Position Analysis
Short Term Liabilities: 6073's short term assets (¥11.8B) exceed its short term liabilities (¥2.2B).
Long Term Liabilities: 6073's short term assets (¥11.8B) exceed its long term liabilities (¥2.5B).
Debt to Equity History and Analysis
Debt Level: 6073 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6073's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6073's debt is well covered by operating cash flow (36.2%).
Interest Coverage: 6073's interest payments on its debt are well covered by EBIT (615.5x coverage).