Asteria Balance Sheet Health
Financial Health criteria checks 5/6
Asteria has a total shareholder equity of ¥5.5B and total debt of ¥385.0M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are ¥7.5B and ¥2.0B respectively. Asteria's EBIT is ¥4.0B making its interest coverage ratio 9.2. It has cash and short-term investments of ¥2.9B.
Key information
7.0%
Debt to equity ratio
JP¥385.00m
Debt
| Interest coverage ratio | 9.2x |
| Cash | JP¥2.88b |
| Equity | JP¥5.52b |
| Total liabilities | JP¥1.96b |
| Total assets | JP¥7.48b |
Financial Position Analysis
Short Term Liabilities: 3853's short term assets (¥3.1B) exceed its short term liabilities (¥1.5B).
Long Term Liabilities: 3853's short term assets (¥3.1B) exceed its long term liabilities (¥453.0M).
Debt to Equity History and Analysis
Debt Level: 3853 has more cash than its total debt.
Reducing Debt: 3853's debt to equity ratio has increased from 2% to 7% over the past 5 years.
Debt Coverage: 3853's debt is well covered by operating cash flow (300.5%).
Interest Coverage: 3853's interest payments on its debt are well covered by EBIT (9.2x coverage).