Asian Star Balance Sheet Health
Financial Health criteria checks 6/6
Asian Star has a total shareholder equity of ¥2.0B and total debt of ¥267.0M, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are ¥3.1B and ¥1.1B respectively. Asian Star's EBIT is ¥51.0M making its interest coverage ratio 8.5. It has cash and short-term investments of ¥861.0M.
Key information
13.0%
Debt to equity ratio
JP¥267.00m
Debt
| Interest coverage ratio | 8.5x |
| Cash | JP¥861.00m |
| Equity | JP¥2.05b |
| Total liabilities | JP¥1.08b |
| Total assets | JP¥3.13b |
Financial Position Analysis
Short Term Liabilities: 8946's short term assets (¥2.2B) exceed its short term liabilities (¥609.0M).
Long Term Liabilities: 8946's short term assets (¥2.2B) exceed its long term liabilities (¥475.0M).
Debt to Equity History and Analysis
Debt Level: 8946 has more cash than its total debt.
Reducing Debt: 8946's debt to equity ratio has reduced from 55.7% to 13% over the past 5 years.
Debt Coverage: 8946's debt is well covered by operating cash flow (180.9%).
Interest Coverage: 8946's interest payments on its debt are well covered by EBIT (8.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 08:00 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Asian Star Co. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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