Ajinomoto Balance Sheet Health
Financial Health criteria checks 5/6
Ajinomoto has a total shareholder equity of ¥833.3B and total debt of ¥491.4B, which brings its debt-to-equity ratio to 59%. Its total assets and total liabilities are ¥1,733.9B and ¥900.7B respectively. Ajinomoto's EBIT is ¥146.6B making its interest coverage ratio -117.3. It has cash and short-term investments of ¥176.5B.
Key information
59.0%
Debt to equity ratio
JP¥491.37b
Debt
| Interest coverage ratio | -117.3x |
| Cash | JP¥176.54b |
| Equity | JP¥833.27b |
| Total liabilities | JP¥900.68b |
| Total assets | JP¥1.73t |
Recent financial health updates
Is Ajinomoto (TSE:2802) Using Too Much Debt?
Sep 23
Ajinomoto (TSE:2802) Has A Pretty Healthy Balance Sheet
Jun 12Recent updates
Results: Ajinomoto Co., Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Nov 09Ajinomoto (TSE:2802) Shareholders Will Want The ROCE Trajectory To Continue
Oct 24Is Ajinomoto (TSE:2802) Using Too Much Debt?
Sep 23Ajinomoto Co., Inc. (TSE:2802) Shares Could Be 42% Below Their Intrinsic Value Estimate
Sep 08Ajinomoto Co., Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Aug 07With Ajinomoto Co., Inc. (TSE:2802) It Looks Like You'll Get What You Pay For
Jul 27Returns Are Gaining Momentum At Ajinomoto (TSE:2802)
Jun 27Ajinomoto (TSE:2802) Has A Pretty Healthy Balance Sheet
Jun 12Ajinomoto Co., Inc. Just Missed EPS By 9.3%: Here's What Analysts Think Will Happen Next
May 13Is Ajinomoto Co., Inc. (TSE:2802) Trading At A 20% Discount?
Apr 22With EPS Growth And More, Ajinomoto (TSE:2802) Makes An Interesting Case
Mar 14Ajinomoto (TSE:2802) Is Looking To Continue Growing Its Returns On Capital
Feb 29Financial Position Analysis
Short Term Liabilities: 2802's short term assets (¥705.4B) exceed its short term liabilities (¥333.9B).
Long Term Liabilities: 2802's short term assets (¥705.4B) exceed its long term liabilities (¥566.8B).
Debt to Equity History and Analysis
Debt Level: 2802's net debt to equity ratio (37.8%) is considered satisfactory.
Reducing Debt: 2802's debt to equity ratio has increased from 48.5% to 59% over the past 5 years.
Debt Coverage: 2802's debt is well covered by operating cash flow (40%).
Interest Coverage: 2802 earns more interest than it pays, so coverage of interest payments is not a concern.