Asahi Broadcasting Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Asahi Broadcasting Group Holdings has a total shareholder equity of ¥76.2B and total debt of ¥14.1B, which brings its debt-to-equity ratio to 18.5%. Its total assets and total liabilities are ¥123.2B and ¥47.1B respectively. Asahi Broadcasting Group Holdings's EBIT is ¥762.0M making its interest coverage ratio -3.9. It has cash and short-term investments of ¥25.6B.
Key information
18.5%
Debt to equity ratio
JP¥14.07b
Debt
Interest coverage ratio | -3.9x |
Cash | JP¥25.55b |
Equity | JP¥76.15b |
Total liabilities | JP¥47.07b |
Total assets | JP¥123.23b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9405's short term assets (¥45.4B) exceed its short term liabilities (¥22.7B).
Long Term Liabilities: 9405's short term assets (¥45.4B) exceed its long term liabilities (¥24.4B).
Debt to Equity History and Analysis
Debt Level: 9405 has more cash than its total debt.
Reducing Debt: 9405's debt to equity ratio has increased from 1.5% to 18.5% over the past 5 years.
Debt Coverage: 9405's debt is well covered by operating cash flow (40.2%).
Interest Coverage: 9405 earns more interest than it pays, so coverage of interest payments is not a concern.