Asakawa Systems Balance Sheet Health
Financial Health criteria checks 4/6
Asakawa Systems has a total shareholder equity of ¥596.0M and total debt of ¥40.0M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are ¥1.3B and ¥683.0M respectively. Asakawa Systems's EBIT is ¥53.0M making its interest coverage ratio -26.5. It has cash and short-term investments of ¥469.0M.
Key information
6.7%
Debt to equity ratio
JP¥40.00m
Debt
| Interest coverage ratio | -26.5x |
| Cash | JP¥469.00m |
| Equity | JP¥596.00m |
| Total liabilities | JP¥683.00m |
| Total assets | JP¥1.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5249's short term assets (¥925.0M) exceed its short term liabilities (¥376.0M).
Long Term Liabilities: 5249's short term assets (¥925.0M) exceed its long term liabilities (¥307.0M).
Debt to Equity History and Analysis
Debt Level: 5249 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 5249's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 5249's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 5249 earns more interest than it pays, so coverage of interest payments is not a concern.