Ascentech K.K Balance Sheet Health
Financial Health criteria checks 6/6
Ascentech K.K has a total shareholder equity of ¥3.1B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥4.6B and ¥1.5B respectively. Ascentech K.K's EBIT is ¥607.0M making its interest coverage ratio -101.2. It has cash and short-term investments of ¥2.2B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -101.2x |
| Cash | JP¥2.24b |
| Equity | JP¥3.12b |
| Total liabilities | JP¥1.50b |
| Total assets | JP¥4.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3565's short term assets (¥3.9B) exceed its short term liabilities (¥1.5B).
Long Term Liabilities: 3565's short term assets (¥3.9B) exceed its long term liabilities (¥43.0M).
Debt to Equity History and Analysis
Debt Level: 3565 is debt free.
Reducing Debt: 3565 has not had any debt for past 5 years.
Debt Coverage: 3565 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3565 has no debt, therefore coverage of interest payments is not a concern.