AsiaQuest Balance Sheet Health
Financial Health criteria checks 5/6
AsiaQuest has a total shareholder equity of ¥1.4B and total debt of ¥322.0M, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are ¥2.3B and ¥865.0M respectively. AsiaQuest's EBIT is ¥310.0M making its interest coverage ratio 77.5. It has cash and short-term investments of ¥1.5B.
Key information
23.0%
Debt to equity ratio
JP¥322.00m
Debt
Interest coverage ratio | 77.5x |
Cash | JP¥1.52b |
Equity | JP¥1.40b |
Total liabilities | JP¥865.00m |
Total assets | JP¥2.26b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4261's short term assets (¥2.1B) exceed its short term liabilities (¥599.0M).
Long Term Liabilities: 4261's short term assets (¥2.1B) exceed its long term liabilities (¥266.0M).
Debt to Equity History and Analysis
Debt Level: 4261 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 4261's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 4261's debt is well covered by operating cash flow (39.1%).
Interest Coverage: 4261's interest payments on its debt are well covered by EBIT (77.5x coverage).