Asahi PrintingLtd Balance Sheet Health
Financial Health criteria checks 5/6
Asahi PrintingLtd has a total shareholder equity of ¥35.1B and total debt of ¥14.5B, which brings its debt-to-equity ratio to 41.2%. Its total assets and total liabilities are ¥66.7B and ¥31.6B respectively. Asahi PrintingLtd's EBIT is ¥2.0B making its interest coverage ratio 1009. It has cash and short-term investments of ¥7.3B.
Key information
41.2%
Debt to equity ratio
JP¥14.47b
Debt
| Interest coverage ratio | 1009x |
| Cash | JP¥7.26b |
| Equity | JP¥35.14b |
| Total liabilities | JP¥31.59b |
| Total assets | JP¥66.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3951's short term assets (¥26.9B) exceed its short term liabilities (¥14.7B).
Long Term Liabilities: 3951's short term assets (¥26.9B) exceed its long term liabilities (¥16.9B).
Debt to Equity History and Analysis
Debt Level: 3951's net debt to equity ratio (20.5%) is considered satisfactory.
Reducing Debt: 3951's debt to equity ratio has increased from 33.4% to 41.2% over the past 5 years.
Debt Coverage: 3951's debt is well covered by operating cash flow (31.6%).
Interest Coverage: 3951's interest payments on its debt are well covered by EBIT (1009x coverage).