Asahipen Balance Sheet Health
Financial Health criteria checks 4/6
Asahipen has a total shareholder equity of ¥14.0B and total debt of ¥3.8B, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are ¥21.6B and ¥7.6B respectively. Asahipen's EBIT is ¥827.0M making its interest coverage ratio -20.7. It has cash and short-term investments of ¥3.4B.
Key information
27.2%
Debt to equity ratio
JP¥3.80b
Debt
Interest coverage ratio | -20.7x |
Cash | JP¥3.40b |
Equity | JP¥13.96b |
Total liabilities | JP¥7.65b |
Total assets | JP¥21.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4623's short term assets (¥10.7B) exceed its short term liabilities (¥5.2B).
Long Term Liabilities: 4623's short term assets (¥10.7B) exceed its long term liabilities (¥2.5B).
Debt to Equity History and Analysis
Debt Level: 4623's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: 4623's debt to equity ratio has increased from 22.5% to 27.2% over the past 5 years.
Debt Coverage: 4623's debt is not well covered by operating cash flow (18%).
Interest Coverage: 4623 earns more interest than it pays, so coverage of interest payments is not a concern.