Asahi Yukizai Balance Sheet Health
Financial Health criteria checks 6/6
Asahi Yukizai has a total shareholder equity of ¥69.7B and total debt of ¥4.2B, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are ¥98.2B and ¥28.5B respectively. Asahi Yukizai's EBIT is ¥15.9B making its interest coverage ratio -146.2. It has cash and short-term investments of ¥16.1B.
Key information
6.0%
Debt to equity ratio
JP¥4.20b
Debt
| Interest coverage ratio | -146.2x |
| Cash | JP¥16.11b |
| Equity | JP¥69.70b |
| Total liabilities | JP¥28.53b |
| Total assets | JP¥98.23b |
Financial Position Analysis
Short Term Liabilities: 4216's short term assets (¥64.9B) exceed its short term liabilities (¥23.3B).
Long Term Liabilities: 4216's short term assets (¥64.9B) exceed its long term liabilities (¥5.3B).
Debt to Equity History and Analysis
Debt Level: 4216 has more cash than its total debt.
Reducing Debt: 4216's debt to equity ratio has reduced from 9.1% to 6% over the past 5 years.
Debt Coverage: 4216's debt is well covered by operating cash flow (198.1%).
Interest Coverage: 4216 earns more interest than it pays, so coverage of interest payments is not a concern.