Aoyama Zaisan Networks CompanyLimited Balance Sheet Health
Financial Health criteria checks 6/6
Aoyama Zaisan Networks CompanyLimited has a total shareholder equity of ¥9.6B and total debt of ¥8.2B, which brings its debt-to-equity ratio to 85.3%. Its total assets and total liabilities are ¥23.5B and ¥13.9B respectively. Aoyama Zaisan Networks CompanyLimited's EBIT is ¥3.3B making its interest coverage ratio 60.5. It has cash and short-term investments of ¥14.7B.
Key information
85.3%
Debt to equity ratio
JP¥8.17b
Debt
| Interest coverage ratio | 60.5x |
| Cash | JP¥14.70b |
| Equity | JP¥9.58b |
| Total liabilities | JP¥13.91b |
| Total assets | JP¥23.49b |
Recent financial health updates
No updates
Recent updates
Aoyama Zaisan Networks CompanyLimited (TSE:8929) Will Pay A Dividend Of ¥18.00
Apr 25
Aoyama Zaisan Networks CompanyLimited's (TSE:8929) Dividend Will Be ¥18.00
Apr 11Aoyama Zaisan Networks CompanyLimited's (TSE:8929) Solid Earnings Have Been Accounted For Conservatively
Apr 06Not Many Are Piling Into Aoyama Zaisan Networks Company,Limited (TSE:8929) Just Yet
Mar 25Financial Position Analysis
Short Term Liabilities: 8929's short term assets (¥17.6B) exceed its short term liabilities (¥5.5B).
Long Term Liabilities: 8929's short term assets (¥17.6B) exceed its long term liabilities (¥8.4B).
Debt to Equity History and Analysis
Debt Level: 8929 has more cash than its total debt.
Reducing Debt: 8929's debt to equity ratio has reduced from 109.6% to 85.3% over the past 5 years.
Debt Coverage: 8929's debt is well covered by operating cash flow (30.4%).
Interest Coverage: 8929's interest payments on its debt are well covered by EBIT (60.5x coverage).