ASKUL Balance Sheet Health
Financial Health criteria checks 6/6
ASKUL has a total shareholder equity of ¥78.5B and total debt of ¥17.0B, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are ¥226.1B and ¥147.6B respectively. ASKUL's EBIT is ¥16.7B making its interest coverage ratio 49.4. It has cash and short-term investments of ¥57.1B.
Key information
21.7%
Debt to equity ratio
JP¥17.02b
Debt
| Interest coverage ratio | 49.4x |
| Cash | JP¥57.09b |
| Equity | JP¥78.47b |
| Total liabilities | JP¥147.61b |
| Total assets | JP¥226.08b |
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 (¥150.2B) exceed its short term liabilities (¥107.3B).
Long Term Liabilities: 2678's short term assets (¥150.2B) exceed its long term liabilities (¥40.4B).
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 34.3% to 21.7% over the past 5 years.
Debt Coverage: 2678's debt is well covered by operating cash flow (99.2%).
Interest Coverage: 2678's interest payments on its debt are well covered by EBIT (49.4x coverage).