Aichi Steel Balance Sheet Health
Financial Health criteria checks 6/6
Aichi Steel has a total shareholder equity of ¥264.2B and total debt of ¥69.9B, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are ¥431.1B and ¥166.9B respectively. Aichi Steel's EBIT is ¥11.1B making its interest coverage ratio 20.9. It has cash and short-term investments of ¥34.2B.
Key information
26.5%
Debt to equity ratio
JP¥69.95b
Debt
| Interest coverage ratio | 20.9x |
| Cash | JP¥34.25b |
| Equity | JP¥264.18b |
| Total liabilities | JP¥166.91b |
| Total assets | JP¥431.09b |
Recent financial health updates
Recent updates
What Aichi Steel Corporation's (TSE:5482) 26% Share Price Gain Is Not Telling You
Sep 25
Is Aichi Steel (TSE:5482) A Risky Investment?
Sep 18The Strong Earnings Posted By Aichi Steel (TSE:5482) Are A Good Indication Of The Strength Of The Business
Jul 04Aichi Steel (TSE:5482) Will Pay A Dividend Of ¥40.00
Mar 03Financial Position Analysis
Short Term Liabilities: 5482's short term assets (¥152.9B) exceed its short term liabilities (¥71.6B).
Long Term Liabilities: 5482's short term assets (¥152.9B) exceed its long term liabilities (¥95.3B).
Debt to Equity History and Analysis
Debt Level: 5482's net debt to equity ratio (13.5%) is considered satisfactory.
Reducing Debt: 5482's debt to equity ratio has reduced from 36.5% to 26.5% over the past 5 years.
Debt Coverage: 5482's debt is well covered by operating cash flow (38%).
Interest Coverage: 5482's interest payments on its debt are well covered by EBIT (20.9x coverage).