Asahi Broadcasting Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Asahi Broadcasting Group Holdings has a total shareholder equity of ¥73.1B and total debt of ¥15.5B, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are ¥119.5B and ¥46.4B respectively. Asahi Broadcasting Group Holdings's EBIT is ¥585.0M making its interest coverage ratio -3. It has cash and short-term investments of ¥22.5B.
Key information
21.2%
Debt to equity ratio
JP¥15.51b
Debt
| Interest coverage ratio | -3x |
| Cash | JP¥22.54b |
| Equity | JP¥73.11b |
| Total liabilities | JP¥46.36b |
| Total assets | JP¥119.47b |
Recent financial health updates
No updates
Recent updates
Asahi Broadcasting Group Holdings (TSE:9405) Has Announced A Dividend Of ¥6.00
Aug 22
Asahi Broadcasting Group Holdings (TSE:9405) Will Pay A Dividend Of ¥6.00
Jul 25Asahi Broadcasting Group Holdings (TSE:9405) Has Affirmed Its Dividend Of ¥6.00
Jul 11Asahi Broadcasting Group Holdings (TSE:9405) Will Pay A Dividend Of ¥6.00
Mar 12Asahi Broadcasting Group Holdings (TSE:9405) Will Pay A Dividend Of ¥6.00
Feb 27Financial Position Analysis
Short Term Liabilities: 9405's short term assets (¥41.0B) exceed its short term liabilities (¥15.6B).
Long Term Liabilities: 9405's short term assets (¥41.0B) exceed its long term liabilities (¥30.8B).
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 14.4% to 21.2% over the past 5 years.
Debt Coverage: 9405's debt is well covered by operating cash flow (36.4%).
Interest Coverage: 9405 earns more interest than it pays, so coverage of interest payments is not a concern.