Ajinomoto Balance Sheet Health
Financial Health criteria checks 5/6
Ajinomoto has a total shareholder equity of ¥890.9B and total debt of ¥501.4B, which brings its debt-to-equity ratio to 56.3%. Its total assets and total liabilities are ¥1,835.6B and ¥944.7B respectively. Ajinomoto's EBIT is ¥146.6B making its interest coverage ratio 31.7. It has cash and short-term investments of ¥191.3B.
Key information
56.3%
Debt to equity ratio
JP¥501.40b
Debt
| Interest coverage ratio | 31.7x |
| Cash | JP¥191.27b |
| Equity | JP¥890.91b |
| Total liabilities | JP¥944.66b |
| Total assets | JP¥1.84t |
Recent financial health updates
Recent updates
Ajinomoto Co., Inc. (TSE:2802) Shares Could Be 42% Below Their Intrinsic Value Estimate
Sep 08
Ajinomoto 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 (¥748.7B) exceed its short term liabilities (¥463.8B).
Long Term Liabilities: 2802's short term assets (¥748.7B) exceed its long term liabilities (¥480.9B).
Debt to Equity History and Analysis
Debt Level: 2802's net debt to equity ratio (34.8%) is considered satisfactory.
Reducing Debt: 2802's debt to equity ratio has increased from 47.6% to 56.3% over the past 5 years.
Debt Coverage: 2802's debt is well covered by operating cash flow (37.8%).
Interest Coverage: 2802's interest payments on its debt are well covered by EBIT (31.7x coverage).