Asahi Balance Sheet Health
Financial Health criteria checks 6/6
Asahi has a total shareholder equity of ¥37.0B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥52.6B and ¥15.6B respectively. Asahi's EBIT is ¥4.8B making its interest coverage ratio -121.9. It has cash and short-term investments of ¥9.5B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -121.9x |
Cash | JP¥9.52b |
Equity | JP¥36.96b |
Total liabilities | JP¥15.59b |
Total assets | JP¥52.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3333's short term assets (¥29.2B) exceed its short term liabilities (¥14.4B).
Long Term Liabilities: 3333's short term assets (¥29.2B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 3333 is debt free.
Reducing Debt: 3333 has no debt compared to 5 years ago when its debt to equity ratio was 7.4%.
Debt Coverage: 3333 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3333 has no debt, therefore coverage of interest payments is not a concern.