Ajinomoto Balance Sheet Health
Financial Health criteria checks 6/6
Ajinomoto has a total shareholder equity of ¥823.0B and total debt of ¥288.6B, which brings its debt-to-equity ratio to 35.1%. Its total assets and total liabilities are ¥1,511.7B and ¥688.8B respectively. Ajinomoto's EBIT is ¥148.9B making its interest coverage ratio 248.2. It has cash and short-term investments of ¥132.8B.
Key information
35.1%
Debt to equity ratio
JP¥288.56b
Debt
| Interest coverage ratio | 248.2x |
| Cash | JP¥132.78b |
| Equity | JP¥822.97b |
| Total liabilities | JP¥688.77b |
| Total assets | JP¥1.51t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2802 N's short term assets (¥615.5B) exceed its short term liabilities (¥339.6B).
Long Term Liabilities: 2802 N's short term assets (¥615.5B) exceed its long term liabilities (¥349.1B).
Debt to Equity History and Analysis
Debt Level: 2802 N's net debt to equity ratio (18.9%) is considered satisfactory.
Reducing Debt: 2802 N's debt to equity ratio has reduced from 46.7% to 35.1% over the past 5 years.
Debt Coverage: 2802 N's debt is well covered by operating cash flow (40.8%).
Interest Coverage: 2802 N's interest payments on its debt are well covered by EBIT (248.2x coverage).