AsakumaLtd Balance Sheet Health
Financial Health criteria checks 5/6
AsakumaLtd has a total shareholder equity of ¥2.5B and total debt of ¥94.0M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are ¥3.7B and ¥1.2B respectively. AsakumaLtd's EBIT is ¥223.7M making its interest coverage ratio 223.7. It has cash and short-term investments of ¥2.1B.
Key information
3.8%
Debt to equity ratio
JP¥94.00m
Debt
| Interest coverage ratio | 223.7x |
| Cash | JP¥2.05b |
| Equity | JP¥2.50b |
| Total liabilities | JP¥1.24b |
| Total assets | JP¥3.75b |
Recent financial health updates
Is AsakumaLtd (TYO:7678) Using Debt Sensibly?
May 07
Is AsakumaLtd (TYO:7678) Using Too Much Debt?
Jan 13Recent updates
Asakuma Co.,Ltd's (TSE:7678) 29% Price Boost Is Out Of Tune With Revenues
Jun 19Subdued Growth No Barrier To Asakuma Co.,Ltd (TSE:7678) With Shares Advancing 28%
May 02A Look At The Fair Value Of Asakuma Co.,Ltd (TSE:7678)
Apr 19We Think AsakumaLtd's (TSE:7678) Robust Earnings Are Conservative
Mar 19Is AsakumaLtd (TYO:7678) Using Debt Sensibly?
May 07AsakumaLtd (TYO:7678) Shareholders Have Enjoyed A 11% Share Price Gain
Mar 11Is AsakumaLtd (TYO:7678) Using Too Much Debt?
Jan 13AsakumaLtd's (TYO:7678) Shareholders Are Down 10% On Their Shares
Nov 20Financial Position Analysis
Short Term Liabilities: 7678's short term assets (¥2.5B) exceed its short term liabilities (¥1.0B).
Long Term Liabilities: 7678's short term assets (¥2.5B) exceed its long term liabilities (¥201.0M).
Debt to Equity History and Analysis
Debt Level: 7678 has more cash than its total debt.
Reducing Debt: 7678's debt to equity ratio has increased from 0% to 3.8% over the past 5 years.
Debt Coverage: 7678's debt is well covered by operating cash flow (617.9%).
Interest Coverage: 7678's interest payments on its debt are well covered by EBIT (223.7x coverage).