Aisin Balance Sheet Health
Financial Health criteria checks 5/6
Aisin has a total shareholder equity of ¥2,167.6B and total debt of ¥721.0B, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are ¥4,260.7B and ¥2,093.1B respectively. Aisin's EBIT is ¥141.3B making its interest coverage ratio -99.5. It has cash and short-term investments of ¥529.2B.
Key information
33.3%
Debt to equity ratio
JP¥721.00b
Debt
Interest coverage ratio | -99.5x |
Cash | JP¥529.21b |
Equity | JP¥2.17t |
Total liabilities | JP¥2.09t |
Total assets | JP¥4.26t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASEK.Y's short term assets (¥1,798.8B) exceed its short term liabilities (¥1,087.9B).
Long Term Liabilities: ASEK.Y's short term assets (¥1,798.8B) exceed its long term liabilities (¥1,005.2B).
Debt to Equity History and Analysis
Debt Level: ASEK.Y's net debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: ASEK.Y's debt to equity ratio has increased from 31.5% to 33.3% over the past 5 years.
Debt Coverage: ASEK.Y's debt is well covered by operating cash flow (69.1%).
Interest Coverage: ASEK.Y earns more interest than it pays, so coverage of interest payments is not a concern.