Asahi Kagaku KogyoLtd Balance Sheet Health
Financial Health criteria checks 6/6
Asahi Kagaku KogyoLtd has a total shareholder equity of ¥5.2B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥6.4B and ¥1.2B respectively.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | n/a |
Cash | JP¥2.14b |
Equity | JP¥5.17b |
Total liabilities | JP¥1.22b |
Total assets | JP¥6.39b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7928's short term assets (¥3.6B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 7928's short term assets (¥3.6B) exceed its long term liabilities (¥156.0M).
Debt to Equity History and Analysis
Debt Level: 7928 is debt free.
Reducing Debt: 7928 has not had any debt for past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 7928 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 7928 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 34.2% per year.