Aichi Steel Balance Sheet Health
Financial Health criteria checks 6/6
Aichi Steel has a total shareholder equity of ¥262.0B and total debt of ¥73.4B, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are ¥443.1B and ¥181.1B respectively. Aichi Steel's EBIT is ¥10.4B making its interest coverage ratio -18. It has cash and short-term investments of ¥46.5B.
Key information
28.0%
Debt to equity ratio
JP¥73.38b
Debt
Interest coverage ratio | -18x |
Cash | JP¥46.55b |
Equity | JP¥262.01b |
Total liabilities | JP¥181.10b |
Total assets | JP¥443.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5482's short term assets (¥166.5B) exceed its short term liabilities (¥74.2B).
Long Term Liabilities: 5482's short term assets (¥166.5B) exceed its long term liabilities (¥106.9B).
Debt to Equity History and Analysis
Debt Level: 5482's net debt to equity ratio (10.2%) is considered satisfactory.
Reducing Debt: 5482's debt to equity ratio has reduced from 36.8% to 28% over the past 5 years.
Debt Coverage: 5482's debt is well covered by operating cash flow (46.1%).
Interest Coverage: 5482 earns more interest than it pays, so coverage of interest payments is not a concern.