ASKUL Balance Sheet Health
Financial Health criteria checks 6/6
ASKUL has a total shareholder equity of ¥79.6B and total debt of ¥16.3B, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are ¥226.8B and ¥147.2B respectively. ASKUL's EBIT is ¥15.7B making its interest coverage ratio 50.4. It has cash and short-term investments of ¥56.4B.
Key information
20.5%
Debt to equity ratio
JP¥16.32b
Debt
| Interest coverage ratio | 50.4x |
| Cash | JP¥56.35b |
| Equity | JP¥79.64b |
| Total liabilities | JP¥147.19b |
| Total assets | JP¥226.83b |
Recent financial health updates
ASKUL (TSE:2678) Seems To Use Debt Quite Sensibly
Oct 03
Is ASKUL (TSE:2678) A Risky Investment?
Mar 31Recent updates
ASKUL's (TSE:2678) Dividend Will Be Increased To ¥19.00
Oct 29ASKUL's (TSE:2678) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 04ASKUL (TSE:2678) Seems To Use Debt Quite Sensibly
Oct 03ASKUL (TSE:2678) Will Pay A Larger Dividend Than Last Year At ¥19.00
Sep 20Does ASKUL (TSE:2678) Deserve A Spot On Your Watchlist?
Sep 10Is ASKUL Corporation (TSE:2678) Trading At A 33% Discount?
Aug 13Statutory Earnings May Not Be The Best Way To Understand ASKUL's (TSE:2678) True Position
Jul 12ASKUL Corporation (TSE:2678) Looks Inexpensive But Perhaps Not Attractive Enough
Jul 02Returns At ASKUL (TSE:2678) Are On The Way Up
May 26Is ASKUL (TSE:2678) A Risky Investment?
Mar 31Financial Position Analysis
Short Term Liabilities: 2678's short term assets (¥151.6B) exceed its short term liabilities (¥107.8B).
Long Term Liabilities: 2678's short term assets (¥151.6B) exceed its long term liabilities (¥39.4B).
Debt to Equity History and Analysis
Debt Level: 2678 has more cash than its total debt.
Reducing Debt: 2678's debt to equity ratio has reduced from 32.6% to 20.5% over the past 5 years.
Debt Coverage: 2678's debt is well covered by operating cash flow (159.8%).
Interest Coverage: 2678's interest payments on its debt are well covered by EBIT (50.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 22:30 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/11/20 |
| Annual Earnings | 2024/05/20 |
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 |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
ASKUL Corporation is covered by 18 analysts. 9 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 |
|---|---|
| Maki Shinozaki | Barclays |
| Hidehiko Aoki | BofA Global Research |
| Mitsunobu Tsuruo | Citigroup Inc |