Ajinomoto Balance Sheet Health
Financial Health criteria checks 5/6
Ajinomoto has a total shareholder equity of ¥890.9B and total debt of ¥501.4B, which brings its debt-to-equity ratio to 56.3%. Its total assets and total liabilities are ¥1,835.6B and ¥944.7B respectively. Ajinomoto's EBIT is ¥146.6B making its interest coverage ratio 31.7. It has cash and short-term investments of ¥191.3B.
Key information
56.3%
Debt to equity ratio
JP¥501.40b
Debt
| Interest coverage ratio | 31.7x |
| Cash | JP¥191.27b |
| Equity | JP¥890.91b |
| Total liabilities | JP¥944.66b |
| Total assets | JP¥1.84t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AJIN.F's short term assets (¥748.7B) exceed its short term liabilities (¥463.8B).
Long Term Liabilities: AJIN.F's short term assets (¥748.7B) exceed its long term liabilities (¥480.9B).
Debt to Equity History and Analysis
Debt Level: AJIN.F's net debt to equity ratio (34.8%) is considered satisfactory.
Reducing Debt: AJIN.F's debt to equity ratio has increased from 47.6% to 56.3% over the past 5 years.
Debt Coverage: AJIN.F's debt is well covered by operating cash flow (37.8%).
Interest Coverage: AJIN.F's interest payments on its debt are well covered by EBIT (31.7x coverage).