Asahipen Balance Sheet Health
Financial Health criteria checks 5/6
Asahipen has a total shareholder equity of ¥14.1B and total debt of ¥3.9B, which brings its debt-to-equity ratio to 27.3%. Its total assets and total liabilities are ¥21.8B and ¥7.7B respectively. Asahipen's EBIT is ¥853.0M making its interest coverage ratio -30.5. It has cash and short-term investments of ¥4.2B.
Key information
27.3%
Debt to equity ratio
JP¥3.85b
Debt
| Interest coverage ratio | -30.5x |
| Cash | JP¥4.24b |
| Equity | JP¥14.11b |
| Total liabilities | JP¥7.73b |
| Total assets | JP¥21.84b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4623's short term assets (¥11.0B) exceed its short term liabilities (¥3.9B).
Long Term Liabilities: 4623's short term assets (¥11.0B) exceed its long term liabilities (¥3.9B).
Debt to Equity History and Analysis
Debt Level: 4623 has more cash than its total debt.
Reducing Debt: 4623's debt to equity ratio has increased from 22.4% to 27.3% over the past 5 years.
Debt Coverage: 4623's debt is well covered by operating cash flow (31.3%).
Interest Coverage: 4623 earns more interest than it pays, so coverage of interest payments is not a concern.