Aica Kogyo Company Balance Sheet Health
Financial Health criteria checks 5/6
Aica Kogyo Company has a total shareholder equity of ¥181.6B and total debt of ¥28.3B, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are ¥275.7B and ¥94.1B respectively. Aica Kogyo Company's EBIT is ¥26.1B making its interest coverage ratio -31.9. It has cash and short-term investments of ¥59.5B.
Key information
15.6%
Debt to equity ratio
JP¥28.31b
Debt
Interest coverage ratio | -31.9x |
Cash | JP¥59.48b |
Equity | JP¥181.65b |
Total liabilities | JP¥94.05b |
Total assets | JP¥275.70b |
Recent financial health updates
Recent updates
Aica Kogyo Company's (TSE:4206) Dividend Will Be ¥53.00
Jul 31Aica Kogyo Company (TSE:4206) Seems To Use Debt Rather Sparingly
Jun 18Aica Kogyo Company, Limited (TSE:4206) Yearly Results: Here's What Analysts Are Forecasting For This Year
May 04Aica Kogyo Company, Limited's (TSE:4206) Intrinsic Value Is Potentially 25% Above Its Share Price
May 01Aica Kogyo Company (TSE:4206) Will Pay A Dividend Of ¥59.00
Mar 25Here's What To Make Of Aica Kogyo Company's (TSE:4206) Decelerating Rates Of Return
Mar 22Financial Position Analysis
Short Term Liabilities: 4206's short term assets (¥171.1B) exceed its short term liabilities (¥58.7B).
Long Term Liabilities: 4206's short term assets (¥171.1B) exceed its long term liabilities (¥35.3B).
Debt to Equity History and Analysis
Debt Level: 4206 has more cash than its total debt.
Reducing Debt: 4206's debt to equity ratio has increased from 3.9% to 15.6% over the past 5 years.
Debt Coverage: 4206's debt is well covered by operating cash flow (100.6%).
Interest Coverage: 4206 earns more interest than it pays, so coverage of interest payments is not a concern.