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 ratio | 16.7x |
| Cash | JP¥113.76b |
| Equity | JP¥1.59t |
| Total liabilities | JP¥1.22t |
| Total assets | JP¥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).