Azbil Balance Sheet Health
Financial Health criteria checks 6/6
Azbil has a total shareholder equity of ¥226.8B and total debt of ¥8.1B, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ¥299.3B and ¥72.5B respectively. Azbil's EBIT is ¥38.0B making its interest coverage ratio -33.2. It has cash and short-term investments of ¥80.8B.
Key information
3.6%
Debt to equity ratio
JP¥8.06b
Debt
| Interest coverage ratio | -33.2x |
| Cash | JP¥80.75b |
| Equity | JP¥226.82b |
| Total liabilities | JP¥72.50b |
| Total assets | JP¥299.32b |
Recent financial health updates
Recent updates
What Azbil Corporation's (TSE:6845) 43% Share Price Gain Is Not Telling You
Sep 04
Returns On Capital At Azbil (TSE:6845) Have Hit The Brakes
Aug 30Azbil (TSE:6845) Will Pay A Larger Dividend Than Last Year At ¥44.00
Aug 09Azbil (TSE:6845) Has Announced That It Will Be Increasing Its Dividend To ¥44.00
Jul 25Azbil (TSE:6845) Is Paying Out A Larger Dividend Than Last Year
Jul 11Unpleasant Surprises Could Be In Store For Azbil Corporation's (TSE:6845) Shares
Jun 24Azbil's (TSE:6845) Promising Earnings May Rest On Soft Foundations
May 21Does This Valuation Of Azbil Corporation (TSE:6845) Imply Investors Are Overpaying?
Apr 27Azbil (TSE:6845) Has Announced A Dividend Of ¥36.50
Mar 28Is Azbil (TSE:6845) Using Too Much Debt?
Mar 13Azbil (TSE:6845) Has Announced A Dividend Of ¥36.50
Feb 27Financial Position Analysis
Short Term Liabilities: 6845's short term assets (¥215.9B) exceed its short term liabilities (¥61.2B).
Long Term Liabilities: 6845's short term assets (¥215.9B) exceed its long term liabilities (¥11.3B).
Debt to Equity History and Analysis
Debt Level: 6845 has more cash than its total debt.
Reducing Debt: 6845's debt to equity ratio has reduced from 4.9% to 3.6% over the past 5 years.
Debt Coverage: 6845's debt is well covered by operating cash flow (341.9%).
Interest Coverage: 6845 earns more interest than it pays, so coverage of interest payments is not a concern.