Asahi Yukizai Balance Sheet Health
Financial Health criteria checks 6/6
Asahi Yukizai has a total shareholder equity of ¥77.2B and total debt of ¥3.6B, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are ¥102.2B and ¥25.0B respectively. Asahi Yukizai's EBIT is ¥13.2B making its interest coverage ratio -107.1. It has cash and short-term investments of ¥19.8B.
Key information
4.7%
Debt to equity ratio
JP¥3.60b
Debt
| Interest coverage ratio | -107.1x |
| Cash | JP¥19.78b |
| Equity | JP¥77.25b |
| Total liabilities | JP¥24.96b |
| Total assets | JP¥102.21b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4216's short term assets (¥65.3B) exceed its short term liabilities (¥19.6B).
Long Term Liabilities: 4216's short term assets (¥65.3B) exceed its long term liabilities (¥5.4B).
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 9.9% to 4.7% over the past 5 years.
Debt Coverage: 4216's debt is well covered by operating cash flow (326.2%).
Interest Coverage: 4216 earns more interest than it pays, so coverage of interest payments is not a concern.