Asahi Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Asahi Group Holdings has a total shareholder equity of ¥2,531.5B and total debt of ¥1,585.8B, which brings its debt-to-equity ratio to 62.6%. Its total assets and total liabilities are ¥5,400.0B and ¥2,868.5B respectively. Asahi Group Holdings's EBIT is ¥251.3B making its interest coverage ratio 57.5. It has cash and short-term investments of ¥77.1B.
Key information
62.6%
Debt to equity ratio
JP¥1.59t
Debt
Interest coverage ratio | 57.5x |
Cash | JP¥77.06b |
Equity | JP¥2.53t |
Total liabilities | JP¥2.87t |
Total assets | JP¥5.40t |
Recent financial health updates
Recent updates
Does Asahi Group Holdings (TSE:2502) Have A Healthy Balance Sheet?
Jul 11Asahi Group Holdings (TSE:2502) Has Announced That It Will Be Increasing Its Dividend To ¥66.00
Jun 17With Asahi Group Holdings, Ltd. (TSE:2502) It Looks Like You'll Get What You Pay For
Jun 08Asahi Group Holdings' (TSE:2502) Dividend Will Be Increased To ¥66.00
May 22Asahi Group Holdings (TSE:2502) Is Reinvesting At Lower Rates Of Return
May 13Asahi Group Holdings (TSE:2502) Will Pay A Larger Dividend Than Last Year At ¥66.00
Apr 25Asahi Group Holdings (TSE:2502) Is Increasing Its Dividend To ¥66.00
Apr 11Financial Position Analysis
Short Term Liabilities: 2502's short term assets (¥845.9B) do not cover its short term liabilities (¥1,449.7B).
Long Term Liabilities: 2502's short term assets (¥845.9B) do not cover its long term liabilities (¥1,418.7B).
Debt to Equity History and Analysis
Debt Level: 2502's net debt to equity ratio (59.6%) is considered high.
Reducing Debt: 2502's debt to equity ratio has reduced from 96.4% to 62.6% over the past 5 years.
Debt Coverage: 2502's debt is well covered by operating cash flow (21%).
Interest Coverage: 2502's interest payments on its debt are well covered by EBIT (57.5x coverage).