ASJ Balance Sheet Health
Financial Health criteria checks 5/6
ASJ has a total shareholder equity of ¥2.6B and total debt of ¥210.0M, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are ¥4.2B and ¥1.6B respectively. ASJ's EBIT is ¥150.0M making its interest coverage ratio -21.4. It has cash and short-term investments of ¥1.1B.
Key information
8.0%
Debt to equity ratio
JP¥210.00m
Debt
| Interest coverage ratio | -21.4x |
| Cash | JP¥1.11b |
| Equity | JP¥2.64b |
| Total liabilities | JP¥1.58b |
| Total assets | JP¥4.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2351's short term assets (¥1.8B) exceed its short term liabilities (¥1.2B).
Long Term Liabilities: 2351's short term assets (¥1.8B) exceed its long term liabilities (¥333.0M).
Debt to Equity History and Analysis
Debt Level: 2351 has more cash than its total debt.
Reducing Debt: 2351's debt to equity ratio has increased from 4.5% to 8% over the past 5 years.
Debt Coverage: 2351's debt is well covered by operating cash flow (134.3%).
Interest Coverage: 2351 earns more interest than it pays, so coverage of interest payments is not a concern.