Asahi Yukizai Balance Sheet Health
Financial Health criteria checks 6/6
Asahi Yukizai has a total shareholder equity of ¥71.7B and total debt of ¥4.2B, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are ¥101.4B and ¥29.7B respectively. Asahi Yukizai's EBIT is ¥15.6B making its interest coverage ratio -121.7. It has cash and short-term investments of ¥18.8B.
Key information
5.9%
Debt to equity ratio
JP¥4.20b
Debt
Interest coverage ratio | -121.7x |
Cash | JP¥18.76b |
Equity | JP¥71.67b |
Total liabilities | JP¥29.70b |
Total assets | JP¥101.37b |
Financial Position Analysis
Short Term Liabilities: 4216's short term assets (¥66.7B) exceed its short term liabilities (¥24.4B).
Long Term Liabilities: 4216's short term assets (¥66.7B) 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 6.1% to 5.9% over the past 5 years.
Debt Coverage: 4216's debt is well covered by operating cash flow (230.9%).
Interest Coverage: 4216 earns more interest than it pays, so coverage of interest payments is not a concern.