Asahi PrintingLtd Balance Sheet Health
Financial Health criteria checks 5/6
Asahi PrintingLtd has a total shareholder equity of ¥34.4B and total debt of ¥17.2B, which brings its debt-to-equity ratio to 50%. Its total assets and total liabilities are ¥69.3B and ¥34.9B respectively. Asahi PrintingLtd's EBIT is ¥2.1B making its interest coverage ratio 522.8. It has cash and short-term investments of ¥9.0B.
Key information
50.0%
Debt to equity ratio
JP¥17.20b
Debt
| Interest coverage ratio | 522.8x |
| Cash | JP¥8.99b |
| Equity | JP¥34.37b |
| Total liabilities | JP¥34.88b |
| Total assets | JP¥69.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3951's short term assets (¥29.7B) exceed its short term liabilities (¥17.8B).
Long Term Liabilities: 3951's short term assets (¥29.7B) exceed its long term liabilities (¥17.1B).
Debt to Equity History and Analysis
Debt Level: 3951's net debt to equity ratio (23.9%) is considered satisfactory.
Reducing Debt: 3951's debt to equity ratio has increased from 26.6% to 50% over the past 5 years.
Debt Coverage: 3951's debt is well covered by operating cash flow (20.6%).
Interest Coverage: 3951's interest payments on its debt are well covered by EBIT (522.8x coverage).