ASKUL Balance Sheet Health
Financial Health criteria checks 6/6
ASKUL has a total shareholder equity of ¥80.0B and total debt of ¥18.3B, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are ¥233.2B and ¥153.3B respectively. ASKUL's EBIT is ¥16.8B making its interest coverage ratio 47.5. It has cash and short-term investments of ¥58.2B.
Key information
22.9%
Debt to equity ratio
JP¥18.29b
Debt
Interest coverage ratio | 47.5x |
Cash | JP¥58.25b |
Equity | JP¥79.97b |
Total liabilities | JP¥153.25b |
Total assets | JP¥233.22b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2678's short term assets (¥165.9B) exceed its short term liabilities (¥114.3B).
Long Term Liabilities: 2678's short term assets (¥165.9B) exceed its long term liabilities (¥38.9B).
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 34.7% to 22.9% over the past 5 years.
Debt Coverage: 2678's debt is well covered by operating cash flow (66.4%).
Interest Coverage: 2678's interest payments on its debt are well covered by EBIT (47.5x coverage).