Asahi PrintingLtd Balance Sheet Health
Financial Health criteria checks 5/6
Asahi PrintingLtd has a total shareholder equity of ¥33.7B and total debt of ¥16.5B, which brings its debt-to-equity ratio to 48.9%. Its total assets and total liabilities are ¥66.9B and ¥33.2B respectively. Asahi PrintingLtd's EBIT is ¥2.1B making its interest coverage ratio -231.3. It has cash and short-term investments of ¥8.3B.
Key information
48.9%
Debt to equity ratio
JP¥16.49b
Debt
Interest coverage ratio | -231.3x |
Cash | JP¥8.27b |
Equity | JP¥33.74b |
Total liabilities | JP¥33.20b |
Total assets | JP¥66.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3951's short term assets (¥28.1B) exceed its short term liabilities (¥15.0B).
Long Term Liabilities: 3951's short term assets (¥28.1B) exceed its long term liabilities (¥18.2B).
Debt to Equity History and Analysis
Debt Level: 3951's net debt to equity ratio (24.4%) is considered satisfactory.
Reducing Debt: 3951's debt to equity ratio has increased from 27.9% to 48.9% over the past 5 years.
Debt Coverage: 3951's debt is well covered by operating cash flow (24.8%).
Interest Coverage: 3951 earns more interest than it pays, so coverage of interest payments is not a concern.