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 ¥10.7B, which brings its debt-to-equity ratio to 111%. Its total assets and total liabilities are ¥25.1B and ¥15.5B respectively. Aoyama Zaisan Networks CompanyLimited's EBIT is ¥3.6B making its interest coverage ratio 66. It has cash and short-term investments of ¥15.7B.
Key information
111.0%
Debt to equity ratio
JP¥10.67b
Debt
Interest coverage ratio | 66x |
Cash | JP¥15.69b |
Equity | JP¥9.62b |
Total liabilities | JP¥15.52b |
Total assets | JP¥25.14b |
Recent financial health updates
No updates
Recent updates
Aoyama Zaisan Networks CompanyLimited's (TSE:8929) Dividend Will Be ¥18.00
Jun 19Aoyama Zaisan Networks CompanyLimited (TSE:8929) Will Pay A Dividend Of ¥18.00
Apr 25Aoyama 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 (¥19.3B) exceed its short term liabilities (¥6.9B).
Long Term Liabilities: 8929's short term assets (¥19.3B) exceed its long term liabilities (¥8.7B).
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 131.6% to 111% over the past 5 years.
Debt Coverage: 8929's debt is well covered by operating cash flow (23.3%).
Interest Coverage: 8929's interest payments on its debt are well covered by EBIT (66x coverage).