Aichi Steel Balance Sheet Health
Financial Health criteria checks 6/6
Aichi Steel has a total shareholder equity of ¥267.7B and total debt of ¥73.4B, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are ¥446.5B and ¥178.7B respectively. Aichi Steel's EBIT is ¥8.8B making its interest coverage ratio -19.3. It has cash and short-term investments of ¥39.4B.
Key information
27.4%
Debt to equity ratio
JP¥73.38b
Debt
| Interest coverage ratio | -19.3x |
| Cash | JP¥39.42b |
| Equity | JP¥267.71b |
| Total liabilities | JP¥178.74b |
| Total assets | JP¥446.46b |
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 (¥163.1B) exceed its short term liabilities (¥80.4B).
Long Term Liabilities: 5482's short term assets (¥163.1B) exceed its long term liabilities (¥98.3B).
Debt to Equity History and Analysis
Debt Level: 5482's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: 5482's debt to equity ratio has reduced from 36.8% to 27.4% over the past 5 years.
Debt Coverage: 5482's debt is well covered by operating cash flow (33.9%).
Interest Coverage: 5482 earns more interest than it pays, so coverage of interest payments is not a concern.