Ajinomoto Balance Sheet Health
Financial Health criteria checks 5/6
Ajinomoto has a total shareholder equity of ¥884.1B and total debt of ¥442.5B, which brings its debt-to-equity ratio to 50.1%. Its total assets and total liabilities are ¥1,774.5B and ¥890.4B respectively. Ajinomoto's EBIT is ¥141.1B making its interest coverage ratio -100.2. It has cash and short-term investments of ¥194.2B.
Key information
50.1%
Debt to equity ratio
JP¥442.49b
Debt
Interest coverage ratio | -100.2x |
Cash | JP¥194.19b |
Equity | JP¥884.06b |
Total liabilities | JP¥890.43b |
Total assets | JP¥1.77t |
Recent financial health updates
Recent updates
Returns 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 (¥709.6B) exceed its short term liabilities (¥501.5B).
Long Term Liabilities: 2802's short term assets (¥709.6B) exceed its long term liabilities (¥389.0B).
Debt to Equity History and Analysis
Debt Level: 2802's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: 2802's debt to equity ratio has increased from 48.2% to 50.1% over the past 5 years.
Debt Coverage: 2802's debt is well covered by operating cash flow (38%).
Interest Coverage: 2802 earns more interest than it pays, so coverage of interest payments is not a concern.