ASICS Balance Sheet Health
Financial Health criteria checks 5/6
ASICS has a total shareholder equity of ¥206.8B and total debt of ¥82.6B, which brings its debt-to-equity ratio to 39.9%. Its total assets and total liabilities are ¥464.1B and ¥257.3B respectively. ASICS's EBIT is ¥54.2B making its interest coverage ratio 36. It has cash and short-term investments of ¥114.0B.
Key information
39.9%
Debt to equity ratio
JP¥82.59b
Debt
Interest coverage ratio | 36x |
Cash | JP¥114.01b |
Equity | JP¥206.80b |
Total liabilities | JP¥257.32b |
Total assets | JP¥464.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASCC.Y's short term assets (¥323.5B) exceed its short term liabilities (¥143.6B).
Long Term Liabilities: ASCC.Y's short term assets (¥323.5B) exceed its long term liabilities (¥113.7B).
Debt to Equity History and Analysis
Debt Level: ASCC.Y has more cash than its total debt.
Reducing Debt: ASCC.Y's debt to equity ratio has increased from 30.9% to 39.9% over the past 5 years.
Debt Coverage: ASCC.Y's debt is well covered by operating cash flow (109.1%).
Interest Coverage: ASCC.Y's interest payments on its debt are well covered by EBIT (36x coverage).