Asante Balance Sheet Health
Financial Health criteria checks 5/6
Asante has a total shareholder equity of ¥11.7B and total debt of ¥423.0M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ¥14.5B and ¥2.7B respectively. Asante's EBIT is ¥1.4B making its interest coverage ratio 345. It has cash and short-term investments of ¥6.7B.
Key information
3.6%
Debt to equity ratio
JP¥423.00m
Debt
Interest coverage ratio | 345x |
Cash | JP¥6.66b |
Equity | JP¥11.73b |
Total liabilities | JP¥2.73b |
Total assets | JP¥14.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASNX.F's short term assets (¥8.8B) exceed its short term liabilities (¥2.2B).
Long Term Liabilities: ASNX.F's short term assets (¥8.8B) exceed its long term liabilities (¥530.0M).
Debt to Equity History and Analysis
Debt Level: ASNX.F has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ASNX.F's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ASNX.F's debt is well covered by operating cash flow (284.6%).
Interest Coverage: ASNX.F's interest payments on its debt are well covered by EBIT (345x coverage).