Ajinomoto Balance Sheet Health
Financial Health criteria checks 5/6
Ajinomoto has a total shareholder equity of ¥884.1B and total debt of ¥442.5B, which brings its debt-to-equity ratio to 50.1%. Its total assets and total liabilities are ¥1,774.5B and ¥890.4B respectively. Ajinomoto's EBIT is ¥148.0B making its interest coverage ratio 31.9. It has cash and short-term investments of ¥171.5B.
Key information
50.1%
Debt to equity ratio
JP¥442.49b
Debt
Interest coverage ratio | 31.9x |
Cash | JP¥171.54b |
Equity | JP¥884.06b |
Total liabilities | JP¥890.43b |
Total assets | JP¥1.77t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AJIN.Y's short term assets (¥709.6B) exceed its short term liabilities (¥501.5B).
Long Term Liabilities: AJIN.Y's short term assets (¥709.6B) exceed its long term liabilities (¥389.0B).
Debt to Equity History and Analysis
Debt Level: AJIN.Y's net debt to equity ratio (30.6%) is considered satisfactory.
Reducing Debt: AJIN.Y's debt to equity ratio has increased from 48.2% to 50.1% over the past 5 years.
Debt Coverage: AJIN.Y's debt is well covered by operating cash flow (38%).
Interest Coverage: AJIN.Y's interest payments on its debt are well covered by EBIT (31.9x coverage).