AGC Balance Sheet Health

Financial Health criteria checks 6/6

AGC has a total shareholder equity of ¥1,594.2B and total debt of ¥656.0B, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are ¥2,814.2B and ¥1,220.0B respectively. AGC's EBIT is ¥125.3B making its interest coverage ratio 16.7. It has cash and short-term investments of ¥113.8B.

Key information

41.1%

Debt to equity ratio

JP¥655.99b

Debt

Interest coverage ratio16.7x
CashJP¥113.76b
EquityJP¥1.59t
Total liabilitiesJP¥1.22t
Total assetsJP¥2.81t

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ASGL.F's short term assets (¥997.4B) exceed its short term liabilities (¥698.9B).

Long Term Liabilities: ASGL.F's short term assets (¥997.4B) exceed its long term liabilities (¥521.1B).


Debt to Equity History and Analysis

Debt Level: ASGL.F's net debt to equity ratio (34%) is considered satisfactory.

Reducing Debt: ASGL.F's debt to equity ratio has reduced from 49.4% to 41.1% over the past 5 years.

Debt Coverage: ASGL.F's debt is well covered by operating cash flow (39.8%).

Interest Coverage: ASGL.F's interest payments on its debt are well covered by EBIT (16.7x coverage).


Balance Sheet


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